Share this article
Top Auction House Christie's to Accept Ether Cryptocurrency for Digital Art Sale
The sale gives Christie's a chance to "dip its toes" in crypto, said a New York representative.
Updated May 9, 2023, 3:16 a.m. Published Feb 18, 2021, 10:16 a.m.
British auction house Christie's has confirmed it is accepting ether , the native cryptocurrency of the Ethereum network, as a form of payment for a coming digital art auction.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- Christie's told Bloomberg it will accept ether as a form of payment for a work by digital artist Mike "Beeple" Winkelmann, according to a Thursday report.
- However, the premium – the fee an auction house charges on an artwork's sale price – must be paid in U.S. dollars.
- The artwork being sold is a collage of thousands of pieces of art Beeple has posted online since 2007, as CoinDesk reported.
- Called "EVERYDAYS: THE FIRST 5000 DAYS," the piece will be delivered to the buyer along with a unique nonfungible token encrypted with Beeple's signature.
- “We’re at this precipice where crypto is going to be such a more established and mainstream mode of conducting business,” Noah Davis, a Christie’s art specialist in New York, told Bloomberg.
- “With this [sale], I think it’s the perfect way to dip our toes in and give this a shot,” said Davis.
Read More: DJ 3LAU to Auction Full Album Tokenized on Ethereum Blockchain
More For You
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
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.
Top Stories
