News Digest

Master-pieces: Swiss bank issuing NFT shares in Picasso painting for $6K each

Digital asset-focused Swiss Bank, Sygnum, has teamed up with art investment firm Artemundi to offer fractionalized ownership shares in a Pablo Picasso painting for $6,000 each. Shares representing ownership over $3.68 million Picasso painting, “Fillette au béret,” will be tokenized and issued via blockchain technology, allowing a wide variety of investors to gain exposure to the artwork.

https://cointelegraph.com/news/master-pieces-swiss-bank-issuing-nft-shares-in-picasso-painting-for-6k-each
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