You could bid on that 101-carat diamond with crypto
Al Jazeera
The flawless diamond could get as much as $15m, making it the most expensive physical object ever bought with crypto.
International auction house Sotheby’s will accept payment in Bitcoin or Ether at the sale of a 101.38-carat diamond this Friday, marking another milestone in the adoption of cryptocurrencies. The pear-shaped flawless diamond could fetch as much as $15 million in the single-lot sale in Hong Kong, the most expensive physical object ever publicly offered for purchase with cryptocurrency, according to Sotheby’s. Josh Pullan, managing director of Sotheby’s global luxury division, said there was growing demand for precious gems, increasingly from a “younger, digitally native generation, many of whom are in Asia.” Fewer than 10 diamonds weighing more than 100 carats have ever come to auction, with only two of them pear-shaped.More Related News