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Auctions Sotheby's First Sale of NFTs From Three Arrows Capital's Collection Pulled in a Stunning $2.4 Million, Obliterating Estimates A... | May 22, 2023
The first in a series of sell offs of Three Arrow Capital's NFTs at Sotheby's exceeded the pre-sale estimates.
The auction was part of liquidating Three Arrows one of the court-appointed liquidators
Auction house Sotheby's announced Friday seven non-fungible tokens from bankrupt cryptocurrency hedge fund Three Arrows Capital sold for about US$2.5 million (S$3.3 million) Of the tokens, "Fidenza #725," an image with graphic dashes and curves in a muted palette of cream, yellow, pink and black, fetched the highest price at over US$1 million. Three Arrows Capital purchased it for 135...
(Reuters) - Auction house Sotheby's announced Friday seven non-fungible tokens from bankrupt cryptocurrency hedge fund Three Arrows Capital sold for about $2.5 million. | 08:08pm