Nike and StockX Settle Three-Year Legal Battle Over Sneaker NFTs and Counterfeit Claims
Nike and StockX have reached a confidential settlement, ending a protracted legal dispute that began in 2022. The case, filed in a New York federal court, was dismissed with prejudice, barring future litigation on the matter. The conflict originated when StockX introduced "Vault" NFTs linked to physical sneakers featuring Nike's trademarks—a MOVE the sportswear giant argued implied an unauthorized partnership.
The dispute escalated as Nike accused StockX of selling counterfeit sneakers authenticated as genuine. A 2025 court ruling partially upheld these claims, setting the stage for an October jury trial that has now been averted. The resolution spares both parties a public trial while leaving key questions about NFT-linked intellectual property unresolved.
