ChainCatcher news, according to Cointelegraph, Sotheby's Vice President and Head of Digital Art Michael Bouhanna stated that Sotheby's digital art sales reached nearly $35 million in 2023, with the NFT "Ringers #879" created by digital artist Dmitri Cherniak setting a record price of $6.2 million. The auction house conducted over 25 auctions focused specifically on digital art or incorporating it into contemporary art sales. The company also launched an NFT secondary market called Sotheby's Metaverse.