On Saturday, all records were broken in the NFT space as CryptoPunk #5822 sold for an incredible 8,000 ETH, or $23.7 million, at the time of purchase.
The buyer was Deepak Thapliyal – the CEO of blockchain infrastructure firm Chain – who used leverage via DeFi protocol Compound Finance to fund the record-breaking purchase of the ‘Alien’ Punk.
Thapliyal took to Twitter following the purchase to thank Compound founder Robert Leshner – who also recently acquired an ‘Ape’ punk for $7.7m – for Compound’s role in the purchase, saying “Thanks to @CompoundFinance I am able to still HODL #ETH while buying this. Basically Long’d ETH to punk-in”.
Las Vegas, US, 1st November 2024, Chainwire
From digital art to real-estate assets, NFTs have become a significant attraction for investors who…
Singapore, Singapore, 21st October 2024, Chainwire
HO CHI MINH, Vietnam, 17th October 2024, Chainwire
London, UK, 16th October 2024, Chainwire
Sinagpore, Singapore, 16th October 2024, Chainwire