Jewelry Brand Tiffany and Co. unveils $50,000 CryptoPunk necklaces

Jewelry Brand Tiffany and Co. unveils $50,000 CryptoPunk necklaces

Luxury jewelry brand Tiffany and Co. is selling 250 customized, diamond-encrusted pendant necklaces for 30 ETH (around $50,000) a pop to holders of the famed collection. Each necklace will include a combination of 30 diamonds and gemstones, according to Tiffany’s website.

The necklaces will go on sale Aug. 5 and are only available for CryptoPunk holders to purchase in the form of NFTs redeemable for the physical necklaces.

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