Sotheby, among the oldest and leading public sale houses has announced that they might be accepting Bitcoin and Ether in partnership with cryptocurrency exchange Coinbase. Established in 1744, the firm first confirmed that the first piece of art marketed against Bitcoin would be Banksy’ s “ Love is in the Air” at the coming auction. Sotheby’ h CEO Charles Stewart within an interview with CNBC declared that the decision was made based on the growing demand for digital assets.
" We are definitely seeing an interest on the part of cryptocurrency proprietors wanting to participate, " states @sothebys CEO Charles Stewart on its partnership with $COIN . #btc #bitcoin #crypto pic. twitter. com/Y2ihPeVUuI
— Squawk Box (@SquawkCNBC) May 4, 2021
Talking about the first art to become sold against cryptocurrencies, Stewart said,
“ It’ s something we have been thinking about for quite some time, What better combination to present crypto than an iconic Banksy painting. ”
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