'CryptoPunk' NFT sells for $11.8 million - Sotheby's

A television camera is seen next to the non-fungible token (NFT) "CryptoPunk #7523", a series of 10,000 unique pixel-art characters made by Larva Labs in 2017, during a media preview for the "Natively Digital: A Curated NFT Sale" auction at Sotheby's in New York City, U.S., June 4, 2021. REUTERS/Shannon Stapleton

LONDON (Reuters) - A non-fungible token (NFT) of a digital artwork called a "CryptoPunk" was sold for $11.8 million on Thursday, according to a tweet by auction house Sotheby's.

The NFT - a blockchain-based asset which certifies ownership of a digital object - was sold as part of the Sotheby's online auction "Natively Digital: A Curated NFT Sale", which runs from June 3-10 and features work by 27 digital artists.