GameSquare, a digital media company with an Ethereum treasury strategy, said Thursday that it acquired a rare CryptoPunk NFT for $5.15 million worth of preferred shares. The Ethereum-based NFT was previously owned by Robert Leshner, who founded the decentralized lending protocol Compound and now serves as CEO of crypto asset manager Superstate. His preferred shares can be converted into common stock at $1.50 per share, GameSquare said. Featuring “Cowboy Hat” and “Ape” as traits, the CryptoPunk is among the 24 rarest NFTs from the iconic collection of 10,000 pixelated profile pictures, per marketplace OpenSea. Lesher ... (full story)