News In a single purchase, Jehan Chu, co-founder of Hong Kong-based crypto investment firm Kenetic Capital, has bought the ability to issue a seemingly unlimited number of "NFT" subdomains on the Handshake blockchain. According to Kenetic, Chu purchased the .NFT domain extension for $84,000, or roughly 680,000 Handshake (HNS) tokens at the time, brokered through the Namebase marketplace. The crypto investor reportedly owns more than 1,300 Handshake domains. He said he bought the extension while observing a rising interest in nonfungible tokens, or NFTs, across the crypto ecosystem. “I believe NFTs are the true missing link between online and offline objects, and will transform not only art, but also business, finance, society and culture,” said Chu. “An uncensorable NFT domain on Handshake is an invaluable asset and platform for the future of art and intellectual property.”