Released in June 2017, CryptoPunks were one of the first NFT art projects to hit the crypto scene. As of August 2021, CryptoPunk 7610 sits on the balance sheet of Fortune 500 company, VISA.\u00a0This announcement comes on the heels of auction house Christie's sale of nine CryptoPunks for almost $17M in May 2021. https:\/\/twitter.com\/VisaNews\/status\/1429745230023208969 In a blog post, Cuy Sheffield, Head of Crypto at Visa, explained the purchase saying: "First and foremost, we wanted to learn. We think NFTs will play an important role in the future of retail, social media, entertainment, and cCommerce. To help our clients and partners participate, we need a firsthand understanding of the infrastructure requirements for a global brand to purchase, store, and leverage an NFT.\u00a0 We also wanted to signal our support for the creators, collectors, and artists driving the future of NFT-commerce. Enabling buyers and sellers is what we do \u2014 whether its helping small and micro business owners get online, or making it easier for companies to pay their partners across borders. We\u2019re excited to work with this growing community to make NFTs useable and accessible in a variety of contexts. Lastly, we wanted to collect an NFT that symbolizes the excitement and opportunity of this particular cultural moment. We\u2019re a company steeped in the history of commerce and payments \u2014 but with our eyes on the future. With our CryptoPunk purchase, we\u2019re jumping in feet first. This is just the beginning of our work in this space."