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Digital art gets physical home, buyers in New York gallery
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Digital art gets physical home, buyers in New York gallery
NEW YORK (Reuters) - Digital art, whose prices can now rival those of Old Master paintings, is on display at a new physical gallery in New York that aims to show how such pieces can fit into the home or office.
Digital artist Beeple made headlines in March when his video artwork “Everydays: The First 5000 Days” sold for over $69 million at Christie’s. The video was an example of a digital asset called a non-fungible token (NFT), which exist only online and have exploded in popularity recently.
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New Fintech Unicorn Ramp Lands $1.6 Billion Valuation And $115 Million In Fresh Funding From Stripe, Goldman Sachs And More
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Ramp Cofounders Karim Atiyeh (left) and Eric Glyman (right) founded the fledgling startup just two years ago and launched it right as the pandemic started to spread across America.
Ramp and Romina Hendlin
Just one year after launching, corporate credit card startup Ramp has become fintech s latest unicorn, amassing an eye-popping $1.6 billion valuation as it received $115 million in new funding led by D1 Capital Partners and $95 billion payments goliath Stripe.
Announced on Thursday, Ramp s all-equity round brings the New York City-based company s total funding to $320 million, including $150 million in debt financing from Goldman Sachs in February. Goldman doubled-down with an equity investment in this latest round, alongside Founders Fund, Coatue Management and Thrive Capital.
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Digital art finds home & buyers in New York gallery. But why do they need a physical space?
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Digital art finds home & buyers in New York gallery. But why do they need a physical space?Reuters
Last Updated: Apr 09, 2021, 06:58 PM IST
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Artworks are seen at the Superchief Gallery NFT, the first permanent gallery space in the world, in the Union Square neighborhood of Manhattan, New York City, U.S., April 7, 2021.
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NEW YORK: Digital art, whose prices can now rival those of Old Master paintings, is on display at a new physical gallery in New York that aims to show how such pieces can fit into the home or office.