Tiffany & Co and Cryptopunks have announced a collaboration to release physical NFTs as pendants. Tiffany & Co is selling 250 diamond encrusted necklaces for about $50k on August 5th. The necklaces are customized for the holders of the NFT, and according to Tiffany, each necklace will have a combination of 30 gems and diamonds.

We’re taking NFTs to the next level. Exclusive to CryptoPunks holders, NFTiff transforms your NFT into a bespoke pendant handcrafted by Tiffany & Co. artisans. You’ll also receive an additional NFT version of the pendant. Learn more: https://t.co/FJwCAxw8TN #NFTiff #TiffanyAndCo pic.twitter.com/pyKlWejHv4

— Tiffany & Co. (@TiffanyAndCo) July 31, 2022