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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 stamp
Austrian Post is issuing what it says is the first NFC postage stampCredit: Austrian Post
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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.