Boutique law firms and Big Law alike are launching nonfungible token groups or beefing up existing blockchain practices to capitalize on the rapidly growing technology and address client needs.
The rush for blockchain and NFT expertise comes as musicians and visual artists are moving to make tokens to protect their rights and as enterprises such as the National Basketball Association are launching online marketplaces to sell such goods. That has prompted interest from the Securities and Exchange Commission, raising the possibility of new regulations from the Biden administration.
Blockchain services have been big for several years, but NFT expertise is ...