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NFT News

Ukraine Sells Donated CryptoPunk #5364 for $100K

Written By:
Stuti Mansata

Last updated: June 21, 2022 7:20 AM
Published June 21, 2022 7:20 AM
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Last updated: June 21, 2022 7:20 AM
Published June 21, 2022 7:20 AM
Ukraine Sells Donated CryptoPunk #5364 for $100K

The government of Ukraine sold a donated CryptoPunk #5364 NFT for about $100,000.

The news was announced by the country’s deputy minister of digital transformation, Alex Bornyakov. 

Breaking news on crypto donations: #CryptoPunk #5364 has been sold for 90 ETH. It's over $100K. Few months ago this NFT was donated for @_AidForUkraine fund. Crypto community continues to support Ukraine.

— Alex Bornyakov (@abornyakov) June 20, 2022

The NFT was sold to an anonymous buyer for about 90 ETH.

The NFT was donated to the government in early March during its fundraising campaign for the war against Russia.

The NFT was worth about $260,000 when it was first donated to the country’s Ethereum wallet.

Ukraine has raised more than $135 million in crypto donations since the war began.

Read Also: Ukraine to use NFTs to Save Art & History amid Russian invasion

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Stuti Mansata - The Crypto Times' Former Content Writer
By Stuti Mansata
Living by the phrase 'as above, so below', Stuti Mansata is an IT Engineer and an ardent lover of words with a knack for finance and everything crypto.

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