“We plan to continue adding additional NFTs to our collection with the goal of supporting the diverse group of artists and creators working in this space,” Visa’s Head of Crypto Cuy Sheffield told Blockworks.
Bitcoin continues to rise on a depreciating dollar ahead of the Fed’s Jackson Hole Economic Symposium.
The company purchased CryptoPunk #7610 for $150,000 in ethereum last week, benchmarking Visa as the first major payment network to start a non-fungible token collection.
Payment method to be accepted by millions of merchants across Visa and Mastercard networks
Firm had long been looking for way to enter payment space amid growing demand, according to Steve Ehrlich, CEO, Voyager
Company’s blockchain and digital currency business unit is focused on shaping ‘next generation of the financial system’
New participants, including US firms Domain Money and Uphold, to help payment giant accelerate innovation around digital asset tech
There was over $1 billion worth of digital currency spent via the company’s crypto-linked cards in the first half of 2021, Visa reported
Former presidential candidate for Nigeria among the payment company’s additions
The company’s fifth fundraising, also known as “Fund V,” was oversubscribed at its $300 million hard cap with investors from around the world, the company said.