Crypto Investor Moves On to Picasso After $69 Million Beeple NFT Miss

Justin Sun, a Chinese tech investor, has transitioned from digital to IRL art.

Pablo Picasso’s Femme Nue Couchee au Collier, from 1932.

Source: Christie’s

Shortly after losing out on the auction for a $69.3 million digital artwork by Beeple, Justin Sun, a tech entrepreneur who founded the cryptocurrency platform Tron, contacted the Christie’s sales department looking for more NFT-connected artworks.

“The team in China was clever enough to say that we don’t have NFTs to offer, but has he seen this wonderful sale that’s just been announced in London?” says Giovanna Bertazzoni, vice-chairman of Christie’s 20th and 21st centuries department.