Jump to content
The World News Media

Bitcoin for Babe Ruth? Sports auction house will accept crypto


Recommended Posts

  • Member

On Tuesday, the sports memorabilia auction house Goldin Auctions announced that it would accept cryptocurrency, making it one of the first brick-and-mortar auction houses to follow the runaway success of auction house Christie’s, which accepted Ether for a onetime, $69 million sale earlier this month.

Goldin, which is known for high-value items, including a Lebron James rookie card that sold for $1.8 million last year, decided to accept Bitcoin and Ether based on “demand from consumers,” says Ross Hoffman, Goldin’s chief executive officer.

“Look, we think a big macro theme that we’re seeing is folks that are hedging,” he continues. “One, against inflation, and two, there’s interest in alternative investing.” Crypto currency and sports collectibles, Hoffman concludes, have “a pretty large overlap.”

    Hello guest!

babe ruth GIF by MLB

Link to post
Share on other sites

  • Views 43
  • Replies 0
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Popular Days





×
×
  • Create New...

Important Information

Terms of Service Confirmation Terms of Use Privacy Policy Guidelines We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.