Are Wealthy Singaporean Heirs Forming A Secret NFT Club?

By Cory Maki Cory Maki has been verified by Muck Rack's editorial team
Published on January 6, 2022
Published by
The Street

By Veronika Bondarenko Kiat Lim and Elroy Cheo formed an exclusive, referral-only club for NFT enthusiasts. As demand for valuable NFTs like the Bored Ape Yacht Club reaches new heights, two Singaporean wealthy investors have formed an elusive underground NFT club. Known as ARC, the secretive startup invites people from countries like Taiwan, South Korea and Australia to buy their non-fungible tokens and connect with other traders. As reported by Bloomberg, the founders are 28-year-old Kiat Lim, the son of Singapore’s top stockbroker Peter Lim, and 37-year-old Elroy Cheo, whose family owns the…

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By Cory Maki Cory Maki has been verified by Muck Rack's editorial team

Cory Maki is a former Staff Editor and the Business Development Manager at Grit Daily.

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