The startup splashed £567,000 ($754,340) at the London Evening Sale at Christie’s auction house for a rare item in the World of Women (WoW) collection.
The price paid by MoonPay — which a source close to the situation confirmed as the buyer — makes #5672 one of the most expensive WoW pieces ever sold.
The piece sports rare traits such as a night goddess skin tone and a tuxedo. It was sold among lots by world-renowned artists such as Keith Haring, Pablo Picasso and David Hockney.
Moonpay’s main business provides infrastructure that enables web and mobile developers to let their users purchase virtual currencies using credit cards.
But it also launched a concierge service late last year, previously described as a “white glove service for high net worth individuals who want to purchase NFTs in the simplest way without all the hassle of setting up a wallet, buying crypto, using that crypto to purchase an NFT and then taking custody of it.”
MoonPay purchases NFTs and later invoices its clients for them and any other services rendered. This sale appears to be the latest play by that service, which usually buys items through OpenSea. It is not clear, as yet, who MoonPay purchased the WoW item on behalf of.
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