Visa Takes First Step Into NFTs With CryptoPunk Purchase for Almost $150K

Visa Takes First Step Into NFTs With CryptoPunk Purchase for Almost $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.
  • UPDATE (AUG 23, 11:41 UTC): Adds first NFT purchase to headline.

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