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The Street
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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