Madonna ‘enters the Metaverse’ with her $560,000 acquisition of the Bored Ape NFT

    The “queen of pop” has joined the ever-growing list of mainstream celebrities who “aped up” their art collections.

    Iconic singer/songwriter and actress Madonna joined the proud ranks of “ape holders” today, flaunting on Instagram a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) she purchased for about $560,000 via fintech firm MoonPay.

    “I finally entered the MetaVerse…My very own Ape! What should I name her? Thanks @moonpay,” Madonna wrote on her Instagram. “We all need protection from Evil Eye.”

    According to NFT marketplace OpenSea’s records, MoonPay bought Madonna’s new token—BAYC #4988—for 180 Ethereum (roughly $564,660 at press time). Prior to that, the ape last changed hands for 46.5 Ethereum in August—worth about $155,000.

    Notably, rumors that Madonna is pondering a BAYC purchase have been flying around since at least January. At the time, BAYC holder Lindsey Byrnes tweeted at Madonna, pointing out similarities between the looks of her ape and the singer’s “Justify my love” album cover.

    Two weeks later, Madonna replied: “Ape well chosen. Now what?”

    Additionally, Madonna and BAYC actually have the same manager—Guy Oseary—so it wasn’t really unexpected for the musician to cross paths with premium NFT apes sooner or later.

    Simultaneously, MoonPay also transferred another ape—BAYC #1506—to an unknown address on Thursday. Soon after, rapper Wiz Khalifa uploaded the “jpeg” as his Twitter avatar.

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