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Visa’s Estonian Partner Wallester Invests in NFT

by Press Release
October 7, 2021
in Industry Announcements


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 toward investing in the NFT sphere. The company noted the high prospects of NFT technology, calling it the future of commerce and entertainment.

Estonian company Wallester says it supports 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.

A representative of Wallester said,

“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.”

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 ‘NFTs’ as one of the main trends of 2021 in blockchain.

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


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