August 25, 2021

VISA takes it first steps into NFT commerce

Today, Visa announced that they are stepping into the NFT commerce space and purchased their first NFT. Visa bought CryptoPunk 7610 for around $150,000 and they "felt that CryptoPunks would be a great addition to our collection of artifacts that can chart and celebrate the past, present, and future of commerce". This is only the start of more institutional interest in NFTs.

Source: https://www.theblockcrypto.com/post/115333/visa-buys-cryptopunk-first-steps-nft-commerce

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