The digital artwork "Genesis Cat," part of the Quantum Cats collection on the Bitcoin blockchain, recently sold for an impressive $254,000 at a Sotheby’s auction.

This marks a significant achievement in the recognition and valuation of crypto-related art.

Genesis Cat, a unique 1-of-1 piece, was just one of several noteworthy sales in the auction.

This sale further emphasises the rising prominence and value of digital assets in contemporary art markets.