Altcoin News

TAG Heuer CEO Frédéric Arnault Joins BAYC

  • TAG Heuer CEO Frédéric Arnault has acquired Bored Ape #4215.
  • The acquisition of BAYC raised speculations for a BAYC and LVMH Moët Hennessy Louis Vuitton collaboration.
  • Arnault has become the newest member who now owns a BAYC, among other top executives and celebrities.

Frédéric Arnault, CEO of luxury watch company TAG Heuer, joined the Bored Ape Yacht Club.

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As stated in a news blog from The Bored Ape Gazette, the top executive of TAG Heuer “aped” into the BAYC on May 11. He picked up Bored Ape #4215 through the help of Lior.Eth, a BAYC collector, and enthusiast.

Lior.Eth transferred Bored Ape #4215 to his friend Arnault a day after the ape was purchased from NFTpress 16 days ago, as per the data from OpenSea, 

Arnault, who became the CEO of TAG Heuer in July 2020, changed his profile photo to Bored Ape #4215 today. Lior.Eth showed his excitement and welcomed his friend to the club in a tweet.

The recently purchased Bored Ape #4215 has five-trait properties. These include a brown fur trait, an eye patch, a black BAYC hat, and a grin diamond grill. According to Rarity tools, Bored Ape #4215 has a rarity score of 115.56. Furthermore, it ranks 2470th rarest ape based on its traits.

Arnault’s profile photo change to his Bored Ape was swarmed with replies and retweets from BAYC members and other NFT communities. The warm welcome that the CEO received has come with speculation that TAG Heuer’s parent company, LVMH Moët Hennessy Louis Vuitton, would collaborate with BAYC.

The popularity of BAYC has reached not just celebrities, but also executives from different companies. Other BAYC owners include Boost VC Managing Director Adam Draper, Ethereum co-founder Taylor Gerring, and co-founder of Reddit Alexis Ohanian have their own Bored Apes.

Bryan Yanzon

Bryan is a gamer who became genuinely interested in crypto after his initial exposure to Play-to-Earn games like Axie Infinity and Pegaxy. He has basic knowledge of technical analysis and is keeping an eye out for interesting developments in the metaverse and GameFi space.

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