💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Ukraine Thanks Elon Musk With An NFT Portrait To 'Keep The Memory Forever'

Published 02/05/2022, 06:02
Updated 02/05/2022, 06:40
© Reuters.  Ukraine Thanks Elon Musk With An NFT Portrait To 'Keep The Memory Forever'

Ukraine’s Vice Prime Minister and Minister for Digital Transformation Mykhailo Fedorov shared a non fungible token featuring Tesla Inc (NASDAQ: TSLA) CEO Elon Musk over the weekend.

What Happened: Fedorov asked for Musk’s Ethereum address and thanked the latter for the help he extended to the war-torn country.

Fedorov disclosed that 258 ETH, nearly $733,894 at press time, was raised by the country’s NFT museum, supported by his Digital Transformation ministry.

“Some things are beyond money like sincere help. [Elon Musk] is a great supporter of [Ukraine] & the team made a special NFT to keep the memory of it forever,” said Fedorov on Twitter (NYSE:TWTR).

See Also: How To Buy Tesla (TSLA) Stock

Why It Matters: In February, Fedorov had asked Musk for Starlink stations to help the nation remain connected to the internet. Musk delivered the stations to Ukraine the same month.

The CEO of Tesla also offered free charging to Tesla and other EV owners fleeing Ukraine in February.

Recently, Musk shipped Tesla Powerwalls to Ukraine for ambulant clinics in Irpin and Borodyanka, which earned him praise from Fedorov.

Price Action: On Friday, Tesla shares closed 0.8% lower at $870.76 in the regular session and rose 0.8% in the after-hours trading, according to data from Benzinga Pro.

Read Next: Elon Musk Notes Donald Trump's Truth Social Trouncing Twitter, TikTok On Apple (NASDAQ:AAPL)'s App Store

Photo collage via pics from Pixabay

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.