Crypto wallet provider, Ledger, has linked up with Sotheby’s, the renowned art auction house, to offer high-profile digital art investors limited-edition Ledger x Sotheby’s Nano X hardware wallets in 2024 to safeguard artworks on-chain.
Additionally to the partnership’s ethos, the Web3 powerhouses are poised to unveil a Ledger Stax wallet — another compact hardware wallet for efficiently managing cryptic assets while on the go.
Sotheby’s elite virtual art collectors will also shortly be able to enjoy a new service provided by Ledger called ‘White-Glove Concierge Onboarding’, enabling them to make good use of informative teaching aids. The crypto wallet company notably boasts nine years of blockchain security expertise.
We're proud to partner with @Sothebysverse to keep your digital art safe.
Starting in 2024, @Sothebysverse top auction purchasers will receive a limited edition, co-branded Ledger x @Sothebys Nano.
Our collective goal? Helping you self-custody your digital art collection as… pic.twitter.com/6XmohbWocQ
— Ledger (@Ledger) October 3, 2023
Strategic Safeguarding of CryptoArt On-Chain
Ledger’s collaboration with Sotheby’s aligns perfectly with its plans to establish a notable presence in the digital art sphere. Last year, the firm initiated developing an NFT art collection with an endowment fund to increase the global NFT footprint. Still, this isn’t the first time commencing such assets, with its Genesis NFT collection — granting limited edition Ledger Black-on-Black Nano X cold wallets — being a 24 hour sell-out.
Sotheby’s, on the flip side, is actively pursuing to enhance its stance in the digital art world. Already, the auction house is a pioneering force on-chain, recently netting $1.2M in 24 hours through a generative Art Blocks auction and $6.2M from Dmitri Cherniak’s NFT ‘The Goose’, among other significant sales.
Soon, these Ledger x Sotheby’s advantages will provide art collectors with the opportunity to explore the importance and value of independent asset protection. Not only does the cooperation embody an epoch whereby art and technology coexist, but it unveils new horizons for preserving virtual, decentralized creativity via Ledger x Sotheby’s wallets and educational resources.
Want more? Connect with NFT Plazas
Join the Weekly Newsletter
Follow us on Twitter
Like us on Facebook
Follow us on Instagram
*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
Digital art fanatic who brings a unique perspective to NFT news.