Title:

Toledo Museum of Art Becomes First Major Museum To Purchase Art Using Cryptocurrency

Link:

https://www.decential.io/articles/toledo-museum-of-art-becomes-first-major-museum-to-purchase-art-using-cryptocurrency

Description:

"The Toledo Museum of Art (TMA) recently purchased Abyssinian Queen by Yatreda ያጥሬዳ, a unique 1-of-1 nonfungible token (NFT), to advance blockchain within the art world. The transaction, which utilized the USDC stablecoin, is publicly visible on the Ethereum blockchain and marks the first time a major museum has used cryptocurrency to buy a work for its collection."

Publisher:

Decential

Publishing Date:

2024-12-02

Author:

Stephen Laddin