GameSquare has acquired CryptoPunk #5577 from the founder of Compound in a $5.15 million USD private stock purchase.

By: theblockbeats.news|2025/07/24 14:32:13

BlockBeats News, July 24th, NASDAQ-listed company GameSquare announced that its board of directors has approved the purchase of CryptoPunk #5577 from DeFi protocol Compound co-founder and Superstate CEO Robert Leshner. According to the acquisition agreement, GameSquare issued $5.15 million worth of preferred shares to Robert Leshner, which can be converted into approximately 3.4 million shares of GameSquare common stock at a price of $1.50 per share. This acquisition marks GameSquare's first direct investment in NFTs.

Tron Inc. rang the opening bell at Nasdaq today Bank of America: U.S. stablecoin supply may increase by $25 billion to $75 billion in the short term due to the GENIUS Act

Cronos (CRO) Coin Price Prediction & Forecasts: Will It Rally to $0.15 by June 2025 with a 40% Surge?

Hey friends, I’ve been diving deep into the crypto space for years now, and I’ve got to say,…

crypto insight|2025/08/12 04:00:19

Mastering Token Swaps Between Base and Solana: Your Updated Guide as of August 11, 2025

Imagine a bustling digital highway linking two vibrant ecosystems, where tokens flow effortlessly like traffic between bustling cities.…

crypto insight|2025/08/11 10:10:18

Euphoria Coin Airdrop: How to Claim $500 Free Tokens by May 2025

I’ve chased cryptocurrency airdrops for over five years now, and I remember vividly how I turned $0 into…

crypto insight|2025/08/11 06:00:16

CZ Amplifies Rumors Tying Coinbase to Bloomberg’s Explosive Trump Stablecoin Report

Imagine the crypto world as a high-stakes chess game, where every move by giants like Binance and Coinbase…

crypto insight|2025/08/10 16:10:15

Discover Phantom Wallet: Your Ultimate Guide to Setup and Usage in 2025

Imagine stepping into the vibrant world of cryptocurrencies where your digital assets feel as secure and accessible as…

crypto insight|2025/08/10 16:10:18