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Visa Bought CryptoPunks, Budweiser Bought Beer Eth And More NFT News


Visa Bought CryptoPunks, Budweiser Bought Beer Eth And More NFT News

According to CNBC
We think NFTs will play an important role in the future of retail, social media, entertainment, and commerce,” Cuy Sheffield, head of crypto at Visa, said in a blogpost Monday.

“To help our clients and partners participate, we need a firsthand understanding of the infrastructure requirements for a global brand to purchase, store, and leverage an NFT.”

Sheffield said CryptoPunks have become a “cultural icon for the crypto community.”

“With our CryptoPunk purchase, we’re jumping in feet first,” he said. “This is just the beginning of our work in this space.”

Anchorage, a federally-chartered digital asset bank, facilitated the purchase, Visa said.

Originally published at https://www.youtube.com/watch?v=qSKsSr8kRbM