StockX

OpenCalais Metadata: Ticker

OpenCalais Metadata: LegalName

STOCKX LLC

Nike sues shopping platform StockX over sneaker NFTs

Athletics giant Nike has filed a lawsuit in New York against shopping platform StockX for creating and marketing NFTs -- the tamper-proof digital property certificates -- based on the brand's products without permission.

The company's lawyers accused US-based StockX of "minting" NFTs using Nike trademarks and trading on the brand's "goodwill" to market them.