Visa Enters NFT Market, Buys CryptoPunk for $150,000: ‘This Is Just the Beginning’

Visa acquired an NFT by Larva Labs for 49.5 ETH, or about $150,000, for the company’s collection on August 19, signaling a major entry into the NFT market by the financial services firm.
Titled CryptoPunk #7610, the NFT is part of a series known as “CryptoPunks,” considered one of the first NFT projects ever launched. “CryptoPunks” comprises some 10,000 pixel portraits with randomly mixed traits and accessories. Visa bought one featuring a female punk who sports a m