World’s Largest Art Auction House Is Shutting Down Its NFT Division

Christie’s the world’s largest art auction house, its shuttering its digital art division, home to many NFTs. The institution hosted a $69 million NFT auction in 2021, helping kickstart the sector’s fame. Theoretically, the firm may continue selling NFTs in the “21st Century Art” category, but this seems unlikely. The Art World Ditches NFTs The NFT sector took the world by storm in 2022, but the broader Web3 sector has largely moved on source: https://beincrypto.com/christies-nft-art-auction-department-shut-down/