Visa Steps into NFT: Purchased a CryptoPunk for $160,000

Visa announced on August 23rd that it had spent nearly 50 ETH for a CryptoPunk non-fungible token. Thus, the US behemoth continues to showcase its support for the cryptocurrency industry.

The global payments tech firm took it to Twitter on August 23rd to announce the acquisition of CryptoPunk #7610.
The transaction was completed on August 18th, and Visa paid 49.5 ETH for it. With today’s prices, this means that the company’s first NFT purchase cost around $160,000.
Thus, the CryptoPunk will join other “historic commerce artifacts” stored by the firm. These include paper credit cards and zip-zap machines.
Furthermore, Visa has issued a comprehensive report on the merits and functions of non-fungible tokens and its future strategy.

“We think NFTs will play an important role in the future of retail, social media, entertainment, and commerce.” – reads the paper.

The company pledged to help its growing number of clients by providing the necessary infrastructure for them to

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Źródło: https://cryptopotato.com/visa-steps-into-nft-purchased-a-cryptopunk-for-160000/

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