Sotheby's to sell 'first' NFT in online auction

Digital art piece "Creation of My Metaverse" by Serwah Attafuah created in 2021 is pictured ahead of a non-fungible token (NFT) auction in this handout obtained May 31, 2021. Courtesy of Sotheby's/Handout via REUTERS

LONDON (Reuters) - Auction house Sotheby's hopes to appeal to both traditional art collectors and crypto enthusiasts with a sale of digital art in the form of non-fungible tokens (NFTs).

The online auction is the latest step by a major auction house to embrace NFTs - a form of blockchain-based asset which certifies ownership of a digital object.