Share this article

Associated Press Auctions 10 NFTs Celebrating 175 Years of Photojournalism

A representation of Joe Rosenthal’s famous shot of U.S. soldiers raising the American flag on Iwo Jima in 1945 is the first NFT to be auctioned.

Updated May 9, 2023, 3:19 a.m. Published May 26, 2021, 7:57 a.m.
"Raising the Flag on Iwo Jima," by Joe Rosenthal.
"Raising the Flag on Iwo Jima," by Joe Rosenthal.

The Associated Press (AP) is auctioning off a series of 10 non-fungible tokens (NFTs) representing some of history's most recognizable photographs.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

The first in the series has been put up for bid on NFT marketplace OpenSea. A representation of AP’s famous shot taken in 1945 of six U.S. soldiers raising the American flag on Mount Suribachi, Iwo Jima, Japan is the first NFT in the series titled “AP ARTiFACTS: The 175 Collection.”

For the sale, digital artist Marko Stanojevic has repurposed the 76-year-old Pulitzer-Prize-winning image taken by AP photographer Joe Rosenthal. The NFT also includes a musical score from violinist Nick Kennerly and rarely seen images from Rosenthal, as well as Iwo Jima film and audio from the agency's archives.

All images will feature artistic renditions rather than the original photo, according to a press release on Tuesday.

The news agency said it has been working with blockchain company Everipedia and digital artists to publish "one-of-a-kind" artworks on the Ethereum blockchain in a bid to celebrate the news agency's 175 anniversary this month.

“We are excited about this new way to view, own and experience historic moments captured by AP journalists,” said Dwayne Desaulniers, AP’s director of blockchain and data licensing, per the release. “AP’s NFTs are a homage to our rich history of factual journalism, history and facts that belong on-chain.”

AP also said it has created and cryptographically signed the collection with the proceeds from the auction going to support the agency's journalism.

See also: Monetizing Genomic Data Is the Latest Use Case for NFTs

Earlier this year, AP sold its first NFT titled “The Associated Press calls the 2020 Presidential Election on Blockchain – A View from Outer Space” for 100 ETH, roughly $180,000 at the time. The event marked the first instance a U.S. election was called on-chain, with AP using its Ethereum address to declare the winner via Everipedia’s OraQle software.

More For You

KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

More For You

Tom Lee urges BitMine shareholders to approve share increase ahead of January 14 vote

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

The chairman of the former bitcoin miner-turned-ether treasury firm reiterated his view that Ethereum is the future of finance.

What to know:

  • Tom Lee, chairman of Bitmine Immersion (BMNR), urged shareholders to approve an increase in the company's authorized share count from 500 million to 50 billion.
  • Lee assured shareholders that the increase is not intended to dilute shares, but instead to enable capital raising, dealmaking, and future share splits.
  • Shareholders have until January 14 to vote on the proposal, with the annual meeting scheduled for January 15 in Las Vegas.