CryptoPunk NFT Sells For Record $11.7M In Sotheby's Auction
Law360 (June 10, 2021, 7:39 PM EDT) -- A non-fungible token of digital artwork called a "CryptoPunk" sold for $11.7 million at auction, a record price for a piece from the CryptoPunk collection, art house Sotheby's said Thursday.
CryptoPunk 7523 sold for $11.7 million at auction. (Image: Sotheby's)
The piece, dubbed "CryptoPunk 7523," was bought by Shalom Meckenzie, the largest shareholder of fantasy sports and betting company DraftKings, Sotheby's said. The work, by studio Larva Labs, depicts a blue-green alien wearing a face mask.
The sale is the biggest-ticket purchase in a Sotheby's collection titled "Natively Digital: A Curated NFT Sale," Sotheby's said Thursday. The auction house sold 28...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!