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Asharq Al-Awsat
Asharq Al-Awsat
Entertainment
Asharq Al-Awsat

Auctioneer Sotheby's Sees Double Benefit to Crypto Wave

United States Charles Stewart Soby
File Photo: The Sotheby's headquarters in Manhattan, June 17, 2019 in New York City. DREW ANGERER/GETTY IMAGES

Sotheby's auction house is almost three centuries old but its top brass want to embrace the cutting edge of technology and all of its buzzwords -- metaverse, NFT and crypto among them.

"The reason Sotheby's has existed for 277 years is because we have a history of embracing innovation and so NFTs is no different," Charles Stewart, the firm's American chief executive, tells AFP in an interview.

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