LONDON : A set of non-fungible tokens previously bought by bankrupt cryptocurrency hedge fund Three Arrows Capital sold for $10.9 million at Sotheby's in New York on Thursday, the auction house said.
The most expensive item"Ringers #879 " is part of a series of 1,000 computer-generated abstract images by Canadian artist Dmitri Cherniak. NFTs only exist in digital form and anyone can view them online for free, but many of the items in the auction are accompanied by physical print copies which buyers can display, Bouhanna added.