Russia's State Hermitage Museum launches a premium NFT auction collection

A work from Kandinsky titled 'Composition VI' (1913), which is part of the collection of the State Hermitage Museum (St Petersburg, Russia). Photo: Handout

Russia's Hermitage Museum, the largest art collection in the world, announced recently it will sell several masterpieces, including a work of Leonardo da Vinci, in the form of non-fungible tokens (NFT).

The Saint Petersburg-based museum in partnership with the Binance NFT marketplace will run the auction until Sept 7, the Hermitage said in a statement.