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Visa Buys NFT of Digital Avatar With Mohawk for $150,000

The payments network shelled out for a CryptoPunk of a woman with clown-green eyes and “hot lipstick.”

This is CryptoPunk 7610. Visa bought the NFT of this character on Aug. 18 for about $150,000.

This is CryptoPunk 7610. Visa bought the NFT of this character on Aug. 18 for about $150,000.

Source: Visa Inc.

Visa Inc. bought a digital avatar for $150,000 in a show of support for a burgeoning area of investment in the realm of cryptocurrencies and blockchain technology.

The purchase of CryptoPunk #7610 — one of a slate of digital avatars originally distributed free to anyone with an ethereum wallet — was made on Aug. 18 with 49.5 of the cryptocurrency ether.