The US multinational financial services giant Visa has joined the NFT craze by purchasing CryptoPunk digital art.
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.
“We think NFTs will play an important role in the future of retail, social media, entertainment, and commerce.” – reads the paper.
Jordan got into crypto in 2016 by trading and investing. He began writing about blockchain technology in 2017. He has managed numerous crypto-related projects and is passionate about all things blockchain. Contact Jordan: LinkedIn
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