Disney, Robinhood, Electronic Arts, WWE to Benefit Most From NFTs, Citi Says

Disney, Robinhood, Electronic Arts, WWE to Benefit Most From NFTs, Citi Says
Companies including Disney, Robinhood Markets and Electronic Arts are expected to benefit from non-fungible tokens (NFTs), according to a new report from Citi.“The advent of NFTs promises significant disruption to any/all sectors with exposure to IP, licensing and merchandise related revenues,” Citi analyst Thomas Singlehurst wrote in a report entitled “Disruptive Innovations.” “The key point is that its decentralized and democratized model allows content owners to disintermediate traditional gatekeepers both in terms of distribution and monetization.”Citi highlights video games and music as industries that are most likely to see positive changes from the influx of NFTs, blockchain-based tokens that prove…