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Visa’s Estonian partner Wallester invests in NFT

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The general level of cryptocurrency acceptance around the world is actively increasing. The other day we learned that Visa Inc. purchased a collectible NFT Token from the CryptoPunk collection for $150,000, taking another step towards investing in the NFT sphere. The company noted the high prospects of NFT technology, calling it the future of commerce and entertainment.

Estonian company claimed that it supported its global partner Visa in the development of NFT and the entire cryptocurrency industry. Following promising trends in the digital currency world, the company decided to invest in NFT and purchased 33 Tokens from the Astro Frens collection, featuring unique images of astronaut bulls. The purchase amounted to 3.05 ETH, which represents about $10,000.

As a Visa partner, Wallester provides comprehensive physical and virtual card issuance services based on the White Label model. The ability to issue its own payment cards allows Wallester clients to optimize their key business processes, simplify payment systems with employees and counterparties, and, consequently, take their business to an entirely new level by expanding their presence and increasing the client base.

In cooperation with clients from different countries of the European Economic Area, Wallester offers payment solutions for companies of any size and business sphere, including crypto- and NFT-projects. Recently, companies from the cryptocurrency world such as Scallop and DigitMoney joined Wallester’s clients.

The purchase of Tokens from the Astro Frens collection shows Wallester’s interest in developing the NFT industry and supporting other highly promising areas. “As a young company, we want to support projects that are just as young and promising. We love the Astro Frens collection, and we have no doubt that the future is in NFT and cryptocurrency. If you too are promoting crypto- and NFT-products, we would be happy to offer you personalized branded payment card solutions”, – Wallester representatives noted.

Thus, large investors’ high interest in NFT confirms the wide potential of the field. The demand for non-interchangeable Tokens on the global market is increasing and they already play an important role in digital commerce.

Visa and Wallester’s contracts for NFT-Tokens purchase once again confirm the positive dynamics of the development of cryptographic objects and allow us to name NFT one of the main trends of 2021 in the blockchain.

 Disclaimer: This is a paid post and should not be treated as news/advice.


With Masters in Mass communication and journalism, Anjali's interests lie in blockchain technology adoption across emerging economies.
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