visa Archives - Crypto Insider https://cryptoinsider.asia/post_tag/visa/ Crypto and Blockchain News Wed, 30 Mar 2022 11:19:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://cryptoinsider.asia/wp-content/uploads/2021/11/cryptocurrency-icon.png visa Archives - Crypto Insider https://cryptoinsider.asia/post_tag/visa/ 32 32 199368904 Visa Program to Help Creatives Build Their Businesses With NFTs https://cryptoinsider.asia/visa-program-to-help-creatives-build-their-businesses-with-nfts/ Wed, 30 Mar 2022 11:19:32 +0000 https://cryptoinsider.asia/visa-program-to-help-creatives-build-their-businesses-with-nfts @ Crypto Insider

Selected creators will participate in a one-year NFT immersion program. Payments giant Visa (V) unveiled…

The post Visa Program to Help Creatives Build Their Businesses With NFTs appeared first on Crypto Insider.

]]> @ Crypto Insider

Selected creators will participate in a one-year NFT immersion program.

Payments giant Visa (V) unveiled a Creator Program where selected small business owners in fields like music, fashion and film will be supported in expanding their operations through the use of non-fungible tokens (NFT).

“NFTs have the potential to become a powerful accelerator for the creator economy,” Cuy Sheffield, Visa’s head of crypto, said in a statement. “Through the Visa Creator Program, we want to help this new breed of small and micro businesses tap into new mediums for digital commerce.”

According to Visa, the Creator Program is a one-year immersion into the world of NFTs, with support focused in technical and product mentorship, community building, access to thought leaders, exposure to Visa clients and partners, and a one-time stipend.

The so-called creator economy has an estimated market size of over $100 billion, according to Visa, citing data from Influencer Marketing Hub.

One of the first Creator Program participants is former Major League Baseball second baseman Micah Johnson, who launched his NFT character Aku last year.

The news comes a week after the company’s crypto product lead left for a new opportunity in Web 3 payments.

The post Visa Program to Help Creatives Build Their Businesses With NFTs appeared first on Crypto Insider.

]]> 2998 Berkshire Hathaway Invests $1B in Brazilian Digital Bank Nubank https://cryptoinsider.asia/berkshire-hathaway-invests-1b-in-brazilian-digital-bank-nubank/ Wed, 16 Feb 2022 04:59:15 +0000 https://cryptoinsider.asia/berkshire-hathaway-invests-1b-in-brazilian-digital-bank-nubank @ Crypto Insider

The share purchase was made in the last quarter of 2021, according to an SEC…

The post Berkshire Hathaway Invests $1B in Brazilian Digital Bank Nubank appeared first on Crypto Insider.

]]> @ Crypto Insider

The share purchase was made in the last quarter of 2021, according to an SEC filing.

Berkshire Hathaway bought $1 billion in shares of Brazilian digital bank Nubank in the fourth quarter of 2021, according to a 13F SEC filing.

In December 2021, when Nubank went public, Berkshire Hathaway reportedly acquired 30 million shares for a total of $250 million. At that time, Nubank’s valuation reached $41.5 billion.

In the fourth quarter of 2021, Berkshire also sold 1.27 million shares of VISA and 302,000 shares of Mastercard.

In June 2021, Berkshire Hathaway invested $500 million in Nubank by leading the extension of a Series G funding round.

Although Nubank does not allow trading in cryptocurrencies, its investment unit, NuInvest, allows users to invest in crypto ETFs, according to the company website.

In 2018, Berkshire Hathaway CEO of Warren Buffett called bitcoin “rat poison squared.”

The post Berkshire Hathaway Invests $1B in Brazilian Digital Bank Nubank appeared first on Crypto Insider.

]]> 2721