
PANews|Sep 12, 2025 05:05
[Christie's Closes Digital Art Department, NFT Business Comes to an End]
According to CoinDesk, Christie's has closed its digital art department, ending its pilot program for NFT art sales. Two employees, including the department head Nicole Sales Giles, have left, with only expert Sebastian Sanchez remaining in New York. Data shows that the NFT market's trading volume dropped 45% quarter-on-quarter to $867 million, while the floor prices of major NFT projects saw significant declines. In contrast, Ethereum rose 76% during the same period.
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