Baskin tweeted about the new currency, and also posted a statement on the Big Cat Rescue website.
“I’m investigating cryptocurrencies because I am concerned about the volume of US dollars that are being printed and distributed with nothing to back them up,” read the statement.
It continued: “Our new $CAT coin is not a currency for investment,” she added, “but rather is a purr-ency of our fans to show their love for the cats.”
Big Cat Rescue says it will also launch non-fungible tokens in two weeks, and “future plans include a big cat metaverse for virtual visits with the cats.”
Baskin and her sanctuary were chronicled in the “Netflix” documentary “Tiger King.”