NEW POLITICAL NFT MARKET

A new group is launching a marketplace to raise money for Democratic candidates and causes, as the political firms look to incorporate the nonfungible tokens that have become popular in sports and entertainment circles.

Front Row announced Monday that it is launching the political world’s “inaugural NFT marketplace” to convert memorabilia, media and art into “valuable digital assets” to boost support for Democratic organizations, causes and missions.

The marketplace is launching operations through a partnership with the Texas Democratic Party, which will sell “political digital relics” that support the party’s agenda, especially protecting voting and abortion rights.