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Benzinga
Benzinga
Business
Madhukumar Warrier

Nio Follows Tesla Into Crypto Fray By Issuing NFTs To Employees: What You Need To Know

Chinese electric vehicle maker Nio Inc. (NYSE:NIO) has followed rival Tesla Inc. (NASDAQ:TSLA) into the world of cryptocurrencies by issuing non fungible tokens (NFTs) to its employees.

What Happened: Nio — which issues brooches to its employees every year to mark the company’s growth — has issued NFT digital brooches to its employees this year, cnEVPost reported, citing information shared by Ma Lin, Nio's senior director of corporate communications.

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