Visa Buys CryptoPunk for Close to $150K

Visa Buys CryptoPunk for Close to $150K

Visa has bought a female CryptoPunk for around $150,000, taking a step into the non-fungible token (NFT) market.

  • Visa bought CryptoPunk 7610 on Aug. 19, the payments technology company announced Monday.
  • CryptoPunks, of which 10,000 have been minted, are considered to be the original NFTs. CryptoPunk 7610 is one of 3,840 "female" punks.
  • A collection of nine rare CryptoPunks that were among the first 1,000 minted fetched almost $17 million in an auction at Christie's in May this year.
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