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GameSquare acquires CryptoPunk #5577 from the founder of Compound for $5.15 million in preferred stock.
Golden Finance reports that Nasdaq-listed company GameSquare Holdings (NASDAQ: GAME) announced the acquisition of CryptoPunk #5577 from Compound founder Robert Leshner for $5.15 million in preferred stock. This marks GameSquare's first direct investment in NFTs. GameSquare currently holds approximately 12,913.49 ETH, with a total value of Ethereum assets around 52 million USD.