Thursday, December 1, 2022
HomeNFTMoonPay buys a coveted non-fungible token (NFT) at Christie's worth $754,340

MoonPay buys a coveted non-fungible token (NFT) at Christie’s worth $754,340

On behalf of an unknown buyer, MoonPay, a cryptocurrency payments startup, was the top bidder for a coveted non-fungible token (NFT) at Christie’s on Tuesday. The startup spent £567,000 ($754,340) for a rare object from the World of Women (WoW) collection at Christie’s London Evening Sale.

Thanks to the money paid by MoonPay, which a source close to the matter confirmed was the buyer, #5672 is one of the most valuable WoW antiques ever sold. The piece’s unique elements include a night goddess skin tone and a tuxedo. It was sold alongside works by world-renowned artists such as Keith Haring, Pablo Picasso, and David Hockney.

The piece’s unique elements include a night goddess skin tone and a tuxedo. It was sold alongside works by world-renowned artists such as Keith Haring, Pablo Picasso, and David Hockney. Moonpay’s main business is to provide infrastructure that allows online and mobile developers to sell virtual currency to their customers using credit cards.

MoonPay purchases NFTs and invoices its customers for them, as well as any other services they may have received. This appears to be the service’s most recent change, as it usually buys things through OpenSea. At this time, it’s unclear who MoonPay purchased the WoW item for.

 

Reporter of cryptoshrypto
Kunal is an investment space writer who firmly believes investment is something which should not be a choice but a part of everyone's life.
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