Cryptocurrencies

Austrian Post Hunts Crypto Whales With $12 Moby Dick Stamp

  • Company says it will be the first stamp with embedded NFC chip
  • Limited issue of 100,000 stamps will enter circulation June 21
Austrian Post is issuing what it says is the first NFC postage stampCredit: Austrian Post
Lock
This article is for subscribers only.

Austria’s postal service is tapping rising investor interest in cryptocurrency assets with a new stamp it says will be the first to carry an embedded chip that stores information on a blockchain.

Oesterreichische Post AG’s new issue carries an image of a whale, an allusion to the elusive leviathan in Herman Melville’s novel Moby Dick, according to a statement on Friday. It’s the third crypto stamp issued by Austrian Post in the last three years and is being introduced amid heavy turbulence in digital-currency markets.