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The global non-fungible token market continues to attract institutions, businesses and personalities. Reid Hoffman, co-founder of LinkedIn and well-known venture capitalist, is the latest prominent figure to declare his foray into the booming non-fungible token sector. Reid chose a CryptoPunks profile picture as the profile picture for his X (formerly Twitter) account.
Reid Hoffman enters the NFT space
In a blog post on October 24, Mr. Reid Hoffman confirmed that he had finally joined the non-fungible token space. Hoffman is a prominent American entrepreneur, investor and author, best known for being the co-founder of LinkedIn, the world’s largest professional networking service. A key figure in Silicon Valley, he is a partner at Greylock Partners and has been a leading investor and advocate in artificial intelligence, co-founding companies like Inflection AI.
I picked this guy up a few months ago.
I have been investing in the space since 2013 and am now excited to join one of the most influential communities in crypto. GM! pic.twitter.com/JewpD74xPW
-Reid Hoffman (@reidhoffman) October 24, 2025
Earlier today, the LinkedIn boss announced his foray into NFTs and immediately updated his X profile picture to a CryptoPunk avatar. Launched in 2017, Punks is a globally recognized collection of non-fungible tokens comprising a fixed supply of 10,000 pixelated profile photos previously on the Ethereum blockchain network, but now managed by the Infinite Node Foundation (NODE). »
NFT Punks are known for being pioneering digital collectibles on the Ethereum blockchain, setting the standard for generative art, establishing the concept of the profile photo, achieving high cultural status, and becoming one of the most valuable and historically significant NFTs ever created. CryptoPunks NFTs have gained popularity in the NFT space due to their strong resilience.
Hoffman’s NFT foray highlights his long-term investment history in blockchain and the resilience of “CryptoPunks” amid hostility in the NFT market over the past few years. It’s worth noting that Punks have remained iconic NFTs, unlike more recent projects like Pudgy Penguins, which have yet to pass the test of time. “I purchased this NFT several months ago. My involvement in the crypto industry dates back to 2013 and I am excited to join one of the most influential communities in this space,” explained Reid.
Hoffman’s adoption of a CryptoPunk NFT avatar coincides with renewed momentum in the NFT sector. OpenSea, the leading NFT trading platform, has revealed plans to introduce its own token, SEA, in the first quarter of 2026, allocating half of initial revenue to NFT redemptions. Even though total NFT sales have fallen 42% year-to-date to $93 million, the continued demand for NFTs like CryptoPunks means the future of NFTs is still bright.
NFT and AI integration
Hoffman’s endorsement of the NFT intersects with the AI governance debate. Hoffman gained attention for defending Anthropic, an AI security startup, against allegations of overregulation by Trump officials. In a direct thread on
Hoffman’s simultaneous advocacy for NFTs and AI demonstrates his belief that blockchain can transform digital ownership and influence the ethics of AI. As the crypto and technology sectors continue to evolve, its significant backers and the debates they generate are likely to shape both sectors. AI allows NFTs to become more personalized, with each token potentially evolving based on user behavior.
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