Sotheby’s Makes $100 Million in NFT Sales With Younger Audience
- Auction house reveals CryptoPunk, Bored Ape NFT sales
- Bored Ape Yacht Club NFTs set new single-lot record online
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Sotheby’s enjoyed a record year in 2021, helped by its foray into nonfungible tokens.
The almost 300-year-old auction house reported $100 million in sales off its new NFT category, with first-time bidders flocking to its virtual Decentraland gallery and seeking out Bored Ape Yacht Club and CryptoPunk collectibles, according to a year-in-review report published Wednesday.