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Visa's Head Of Crypto Said The Company Plans To Add More NFTs

Mary Liu

Summary: Cuy Sheffield, the Head Of Crypto at Visa, said in an interview with Blockworks that the CryptoPunk NFT of approximately $150K will not be the company’s only NFT purchase.  He said: “We plan to continue adding additional NFTs to our collection with the goal of supporting the diverse group of artists and creators working in ...

Cuy Sheffield, the Head Of Crypto at Visa, said in an interview with Blockworks that the CryptoPunk NFT of approximately $150K will not be the company’s only NFT purchase. 

He said: “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."

Sheffield said that the company's excitement about this project is not about any "personal punk", but more about the entire CryptoPunk collection and what it represents. This is the beginning of a new chapter in digital commerce. 

He also added: one of the reasons we purchased a CryptoPunk is because we want to understand, firsthand, what it takes to acquire, custody and interact with an NFT, from the infrastructure requirements, to the actual transactions, to the storage."

By Mary Liu

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