Christie's Deletes Digital Art Department

23 recursive4 11 9/10/2025, 9:43:47 PM news.artnet.com ↗

Comments (11)

fullshark · 42m ago
The whole NFT craze was embarrassing and very revealing about what powers a lot of people's belief in crypto.
gdbsjjdn · 35m ago
Everyone who was trading monkey JPEGs has moved on to claiming that they can replace your staff with an LLM.
jsheard · 34m ago
Except for a16z who are multi-track-grifting with both at the same time, and trying to find ways to put crypto in AI, or AI in crypto, or something.
bix6 · 26m ago
Can you expand on this? I see this brought up a lot but if they don’t return capital they’ll have to shut down?
cactusplant7374 · 19m ago
Probably not hard to return the fund when Coinbase is in their portfolio.
xn · 46m ago
Hope they backed up the seed phrase for the Art Department before deleting it.
yieldcrv · 16m ago
> The company will continue to sell digital art within the larger 20th and 21st Century Art category
zer00eyz · 20m ago
jeron · 42m ago
one interpretation is that they're not interested in digital art

the other interpretation is that digital art has become contemporary art

I like the latter

bze12 · 14m ago
They’re folding the nft department into contemporary art. But I wouldn’t say the first interpretation is invalid either.
yieldcrv · 16m ago
it is the latter, they are continuing to sell digital art and NFTs and they realized their “specialists” didn't have specialized knowledge to justify a separate division

It just takes slower people longer to see the simple similarities to what they already do

regarding the catalyst for consolidating at Christie’s, the whole art market is following a similar downtrend in price and volume as the NFT market since 2022, there was an article about fine art and the contemporary market here the other day