Investing

NFT-Linked Stocks, Volkswagen, MOON ETF: Investments in the Spotlight

Bloomberg Wealth reviews assets that made a splash this week.

NFTs Are New Way to Buy Digital Art
Lock
This article is for subscribers only.

The digital-art frenzy is showing little sign of slowing down.

Non-fungible tokens, essentially unique digital collectables, have boomed this year as endorsements from the likes of actress Lindsay Lohan, musician Grimes and Dallas Mavericks owner Mark Cuban helped them gain wider acceptance and pop-cultural cachet. Just last week, an investor paid $69.3 million for a mosaic of 5,000 artworks.