Visa is bullish on NFTs. The payments giant not only believes "NFTs will play an important role in the future of retail, social media, entertainment, and commerce," but it is putting its money where its mouth is.
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Visa buys CryptoPunk NFT for $165,000 in ethereum
"Over the last 60 years, Visa has built a collection of historic commerce artefacts—from early paper credit cards to the zip-zap machine. Today, as we enter a new era of NFT-commerce, Visa welcomes CryptoPunk #7610 to our collection," VISA said in a tweet announcing the news.
