Christie's has announced the closure of its digital art department, effectively ending its venture into NFT art sales. This move marks the conclusion of the auction house's experiment with the burgeoning digital art market, which had seen significant interest and investment in recent years.
Meanwhile, BlackRock is reportedly exploring the introduction of tokenized ETFs linked to real-world assets. This initiative could potentially revolutionize the ETF market by leveraging blockchain technology to enhance transparency and efficiency. The development comes as the financial industry increasingly looks to integrate digital asset solutions into traditional investment products.
Christie's Ends NFT Art Sales as BlackRock Eyes Tokenized ETFs
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