Art auction house Christie's sold 87 NFTs in 2022 for a total of $5.9 million, a 96% drop from 2021. The total sales of NFT works in the first half of this year were $4.75 million.

Previously, Christie's launched an investment fund, Christie's Ventures, in July to support emerging technology and fintech companies related to the art market. In September, Christie's also launched the Ethereum-based NFT platform "Christie's 3.0".