Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Auction House Christie’s Sets Up Venture Fund for Web3 and Blockchain Ventures

Auction House Christie’s Sets Up Venture Fund for Web3 and Blockchain Ventures

Kelly Cromley by Kelly Cromley
Jul 19, 2022
in Market News, News
Reading Time: 1 min read
0

Christie’s, a prominent British auction house noted for last year’s $69 million sale of Bepple’s artwork ‘Everydays‘, has established an investment fund to aid firms that want to develop “seamless consumption of art” technologies.

Christie’s has stated that the Christie’s Ventures fund would give financial assistance to companies working on Web3 breakthroughs, technology connected to premium and art objects, and art-related financial tools and systems.

The Wall Street Journal tweeted on July 18: “The organization will seek to provide initial investment to new startups whose innovations might eventually assist collectors in purchasing and selling additional art, digital and otherwise.”

LayerZero Labs is the foremost firm that Christie’s will sponsor, according to the organization. It is a company that creates technologies to allow decentralized omnichain apps for cross-blockchain asset transfers.

Devang Thakkar, the worldwide head of Christie’s Ventures, commented, “We will concentrate on services and goods that address actual business concerns, enhance client interactions, and increase growth potential throughout the art market and its touchpoints.”

In 2021, Christie’s sold for over $69 million an NFT artwork created by Mike Winkelmann, better known as Beeple. In addition to partnering with OpenSea, a secondary marketplace for transacting NFTs online, the business has organized on-chain bidding and several additional prominent auctions of NFT artwork.

The amount of venture capital devoted to blockchain technology in 2022 was unprecedented. As per Cointelegraph, crypto- and blockchain-focused companies have attracted over $14.8 billion in the first three months of the year alone, which is over 50% of the aggregate for 2021. Despite the bear market and decline in cryptocurrency asset values, Metaverse and Web3-focused firms are surviving and attracting investor interest.

Previous Post

Ethereum Classic Surges 77% in a Week as ETH Upgrade Nears

Next Post

Komposite Unveils Blockchain to Resolve Counterfeit Issues

Related Posts

BTQ Technologies

BTQ Unveils Quantum PoW Simulator for Digital Asset Security

by Kelly Cromley
Jul 8, 2025
0

BTQ Technologies Corp., a global leader in quantum technology, has launched its Quantum Proof-of-Work (QPoW) Simulator, a publicly accessible platform...

Pundi AI

Pundi AI Transforms Datasets into Tradeable Crypto Assets

by Kelly Cromley
Jul 8, 2025
0

Singapore-based Web3 firm Pundi AI has introduced a novel feature called Data Pump, designed to convert AI training datasets into...

terminus network partners with velmora

Terminus and Velmora Join Hands to Advance IoT and DeFi Synergy

by Kelly Cromley
Jul 8, 2025
0

Terminus, a leading player in the crypto exchange sector, has unveiled a new strategic partnership with Velmora, a platform recognized...

aurora-mobile-partners-with-hashnut

Aurora Mobile Partners with HashNut to Advance Web3 Payments

by Kelly Cromley
Jul 8, 2025
0

Aurora Mobile Limited, a prominent player in China's customer engagement and marketing technology sector, has entered into a strategic partnership...

qitmeer-partners-with-catalyst-ventures.

Qitmeer and Catalyst Ventures Unite to Drive Ethical Web3 Growth

by Kelly Cromley
Jul 8, 2025
0

Qitmeer Network, a forward-looking public blockchain platform rooted in Islamic finance principles, has formed a strategic partnership with Catalyst Ventures,...

etherscan-unveils-hyperevm-scan

Etherscan Launches HyperEVM Scan to Boost Web3 Transparency

by Kelly Cromley
Jul 8, 2025
0

Etherscan, widely regarded as a leading blockchain data provider for the Ethereum network, has introduced a new dedicated block explorer...

Next Post
Komposite Unveils Blockchain to Resolve Counterfeit Issues

Komposite Unveils Blockchain to Resolve Counterfeit Issues

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

BTQ Technologies
Market News

BTQ Unveils Quantum PoW Simulator for Digital Asset Security

by Kelly Cromley
Jul 8, 2025
Pundi AI
Market News

Pundi AI Transforms Datasets into Tradeable Crypto Assets

by Kelly Cromley
Jul 8, 2025
terminus network partners with velmora
Market News

Terminus and Velmora Join Hands to Advance IoT and DeFi Synergy

by Kelly Cromley
Jul 8, 2025
aurora-mobile-partners-with-hashnut
Market News

Aurora Mobile Partners with HashNut to Advance Web3 Payments

by Kelly Cromley
Jul 8, 2025
qitmeer-partners-with-catalyst-ventures.
Market News

Qitmeer and Catalyst Ventures Unite to Drive Ethical Web3 Growth

by Kelly Cromley
Jul 8, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree