Banking giant JPMorgan has distributed NFTs to the participants of the “Crypto Economy Forum for TradFi Investors” event held in New York.
According to OpenSea, although none of these NFTs have been traded so far, one of the 69 owners of the NFT collection has put the NFT up for sale for 420 ETH (approximately $1.8 million).
A name close to the bank stated that the valuation of NFT is ridiculous.
The speakers of the event included big names such as FTX CEO Sam Bankman-Fried, Ava Labs founder Emin Gün Sirer and Coinbase CEO Brian Armstrong.
JPMogan CEO Jamie Dimon has said in recent weeks that Bitcoin has no value.
JPMorgan NFTs are printed on Polygon, an Ethereum layer 2 solution.
JPMorgan is not the first bank to issue a commemorative NFT. Previously, Bank of America also published an NFT collection.