Indian entrepreneur Vignesh Sundaresan had bought a non-fungible token (NFT) called Beeple for $69.3 million in an auction. An NFT is a digital asset that exists on a blockchain, a record of transactions kept on networked computers.

Vignesh Sundaresan buys NFT for $69 million; people can download it for free

A digital-only artwork was sold for $70 million on Friday by auction house Christie’s. The auction house on Friday also shared the name of the buyer - a crypto asset investor known as “Metakovan” - a pseudonym.

Buyer of digital-only art worth $70 million made by Beeple revealed

A digital artwork sold for nearly $70 million at Christie's on Thursday, in the first ever sale by a major auction house of a piece of art that does not exist in physical form.

Artist Beeple's digital work fetches nearly $70 million in auction

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