Express

British Auction House Christie's Sold $150M Worth of NFTs This Year

Amy Liu

Summary: World-famous auction house Christie’s announced today that it had sold close to $150 million worth of NFTs in 2021. This represents a rather small portion of Christie’s total sales this year, which it projects to be $7.1 billion globally; total sales for the auction house were roughly 54% higher than they were last year.  Total ...

World-famous auction house Christie’s announced today that it had sold close to $150 million worth of NFTs in 2021. This represents a rather small portion of Christie’s total sales this year, which it projects to be $7.1 billion globally; total sales for the auction house were roughly 54% higher than they were last year. 

Total sales volume for the entire NFT market has been estimated at $12 billion in 2021. It seems likely that Christie’s entrenched position in the traditional art world helped to elevate NFT art to a new level of respectability.

By Amy Liu

Last Update:

Tags: ,,
Link: British Auction House Christie's Sold $150M Worth of NFTs This Year   [Copy]
  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 3 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 4 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 14 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 16 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 18 days ago
  • You need to login to comment.