September 29, 2022

Madonna bought an NFT from the Bored Ape Yacht Club collection for $556,000


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Singer Madonna purchased an NFT from the Bored Ape Yacht Club (BAYC) collection. The purchase of a token for 180 ETH (~$556,000) was made through the concierge service of the infrastructure provider MoonPay.

According to OpenSea, MoonPay bought the BAYC #4988 token last week and transferred it to a wallet believed to belong to Madonna on Wednesday. Seven months ago, the same NFT was sold for 46.5 ETH.

On Thursday, MoonPay also transferred BAYC #1506 to an unknown address. After that, rapper Wiz Khalifa put the token on his Twitter avatar.

Previously behind the BAYC collections, Yuga Labs has raised a $450 million investment at a $4 billion valuation.

Recall that in March 2022, the BAYC team introduced the ApeCoin token associated with the project ecosystem and held an airdrop among NFT holders.

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