Skip to content

Sotheby’s Makes $100 Million in NFT Sales With Younger Audience

  • Auction house reveals CryptoPunk, Bored Ape NFT sales
  • Bored Ape Yacht Club NFTs set new single-lot record online
A collage of Bored Ape Yacht Club NFTs
A collage of Bored Ape Yacht Club NFTsSource: Sotheby’s

Sotheby’s enjoyed a record year in 2021, helped by its foray into nonfungible tokens.

The almost 300-year-old auction house reported $100 million in sales off its new NFT category, with first-time bidders flocking to its virtual Decentraland gallery and seeking out Bored Ape Yacht Club and CryptoPunk collectibles, according to a year-in-review report published Wednesday.