Crypto: Why did Visa just buy a ‘CryptoPunk’ NFT for $150,000? The payments giant wants ‘a seat at the table as the crypto economy evolves’

Visa said it purchased a “CryptoPunk” nonfungible token, or NFT, for nearly $150,000, jumping into the growing frenzy in digital assets that some argue could be a game-changer in the realm of art, music and ownership of virtual assets.

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