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Christie's Shuts Down NFT Department Amid Market Challenges
CryptocurrencyNFT ClosureUpdated a day ago

Christie's Shuts Down NFT Department Amid Market Challenges

Christie's auction house is closing its NFT department as part of a strategy to reformulate digital art sales. This decision highlights ongoing challenges in the NFT marketplace, leading to a merger of digital art sales into broader categories. The move reflects a significant shift in the market for digital collectibles under the new leadership of CEO Bonnie Brennan.

Related Articles
Christie’s shuts down NFT department under new CEO Bonnie Brennan
NegativeCryptocurrency
Christie's, the UK auction house, is closing its NFT department as part of a strategy to reformat digital art sales. This decision reflects a shift in the market for digital collectibles.
Auction giant Christie’s winds down NFT department: Report
NeutralCryptocurrency
Christie's auction house is reportedly shutting down its digital art department while still auctioning NFTs under a broader category.
Editor’s Note: This development is significant as it reflects the evolving landscape of digital art and NFTs. Christie's decision may indicate a shift in focus or strategy within the auction industry, highlighting the challenges and opportunities in the digital art market.
Christie’s winds down digital art department as its NFT marketplace faces doubt
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Christie's has decided to close its digital art department, merging sales into broader categories as the NFT marketplace continues to face challenges.

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