Given the increased popularity of consuming and collecting digital content, NFTs can be helpful in establishing the originality of digital work and developing a “digital ownership economy” in which consumers own a digital work. Partners Stuart Levi, Eytan Fisch, Alexander Drylewski and Daniel Michael explain what NFTs are and how they function, and provide an overview of legal issues and challenges they present under U.S. law.
This article first appeared in Global Legal Insights - Blockchain & Cryptocurrency Regulation 2025, published by Global Legal Group Ltd., London.