Sotheby's | Jotup

1st Epic Satoshi Auction Sold for $2.1 Million on CoinEx

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Venerdì, Aprile 26, 2024

Bitcoin, USD, BTC, History, UTC, Sotheby's, Cryptocurrency

HONG KONG, April 26, 2024 /PRNewswire/ -- The first-ever public auction of the epic satoshi held by CoinEx , the leading global cryptocurrency exchange, ended on April 25, 2024, at 16:00 (UTC).

Key Points:

HONG KONG, April 26, 2024 /PRNewswire/ -- The first-ever public auction of the epic satoshi held by CoinEx , the leading global cryptocurrency exchange, ended on April 25, 2024, at 16:00 (UTC).
As the first example shown in history, the auction attracted global users for 35 bids, and the epic satoshi was sold for 33.3 BTC ($2.1 million).
An epic satoshi (or "epic sat") is the first sat of a block mined after the Bitcoin reward halving event.
The auction featured the fourth epic sat, representing the first sat of the fourth Bitcoin halving epoch.

Landmark Exchange Auction: CoinEx "Epic Sat" Now in Progress

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Martedì, Aprile 23, 2024

Bitcoin, BTC, Sotheby's, Auction

HONG KONG, April 23, 2024 /PRNewswire/ -- The fourth "epic sat," mined earlier by ViaBTC , the third-largest mining pool in the world, is currently undergoing auction on the cryptocurrency exchange CoinEx.

Key Points:

HONG KONG, April 23, 2024 /PRNewswire/ -- The fourth "epic sat," mined earlier by ViaBTC , the third-largest mining pool in the world, is currently undergoing auction on the cryptocurrency exchange CoinEx.
As the first-ever public auction of "epic sat" on an exchange, the auction commenced on April 23 at 00:00 (UTC+8).
CoinEx users can place their bids instantly upon accessing the auction page , with a minimum bid of 1 BTC.
To participate in the auction, participants will need to have sufficient funds in the CoinEx spot account.

Landmark Exchange Auction: CoinEx "Epic Sat" Now in Progress

Retrieved on:

Martedì, Aprile 23, 2024

Bitcoin, BTC, Sotheby's, Auction

HONG KONG, April 23, 2024 /PRNewswire/ -- The fourth "epic sat," mined earlier by ViaBTC , the third-largest mining pool in the world, is currently undergoing auction on the cryptocurrency exchange CoinEx.

Key Points:

HONG KONG, April 23, 2024 /PRNewswire/ -- The fourth "epic sat," mined earlier by ViaBTC , the third-largest mining pool in the world, is currently undergoing auction on the cryptocurrency exchange CoinEx.
As the first-ever public auction of "epic sat" on an exchange, the auction commenced on April 23 at 00:00 (UTC+8).
CoinEx users can place their bids instantly upon accessing the auction page , with a minimum bid of 1 BTC.
To participate in the auction, participants will need to have sufficient funds in the CoinEx spot account.

Sotheby's Financial Services Announces Groundbreaking $700 Million Securitization

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Mercoledì, Aprile 17, 2024

Financial services, Sale, Sotheby's, News, Finance, Collection, SFS, Growth, Note, AAA

NEW YORK, April 17, 2024 /PRNewswire/ -- Sotheby's Financial Services, Inc. ("Sotheby's Financial"), the world's leading full–service art financing company, announced today the launch of a first-of-its kind securitization program.

Key Points:

NEW YORK, April 17, 2024 /PRNewswire/ -- Sotheby's Financial Services, Inc. ("Sotheby's Financial"), the world's leading full–service art financing company, announced today the launch of a first-of-its kind securitization program.
The inaugural issuance, which priced yesterday, consists of $700 million of asset-backed notes (the "Notes") backed by art secured loans.
"We are thrilled to achieve another milestone with the launch of a landmark securitization program" said Ron Elimelekh, Co-Head, Chief Operating Officer, and Chief Capital Officer, Sotheby's Financial.
Now with over $2 billion of funding capacity, Sotheby's Financial has a flexible and committed funding framework supported by an existing credit facility and this groundbreaking securitization program."

Sotheby's Financial Services Announces Groundbreaking $700 Million Securitization

Retrieved on:

Mercoledì, Aprile 17, 2024

Financial services, Sale, Sotheby's, News, Finance, Collection, SFS, Growth, Note, AAA

NEW YORK, April 17, 2024 /PRNewswire/ -- Sotheby's Financial Services, Inc. ("Sotheby's Financial"), the world's leading full–service art financing company, announced today the launch of a first-of-its kind securitization program.

Key Points:

NEW YORK, April 17, 2024 /PRNewswire/ -- Sotheby's Financial Services, Inc. ("Sotheby's Financial"), the world's leading full–service art financing company, announced today the launch of a first-of-its kind securitization program.
The inaugural issuance, which priced yesterday, consists of $700 million of asset-backed notes (the "Notes") backed by art secured loans.
"We are thrilled to achieve another milestone with the launch of a landmark securitization program" said Ron Elimelekh, Co-Head, Chief Operating Officer, and Chief Capital Officer, Sotheby's Financial.
Now with over $2 billion of funding capacity, Sotheby's Financial has a flexible and committed funding framework supported by an existing credit facility and this groundbreaking securitization program."

Sotheby's International Realty Opens First Office in Poland

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Lunedì, Aprile 15, 2024

International, Equal, Sotheby's International Realty, Sotheby's, Heart, City centre, Culture, Marketing, Growth

NEW YORK, April 15, 2024 /PRNewswire/ -- Sotheby's International Realty today announced the opening of Poland Sotheby's International Realty, signifying the brand's 194th office in Europe.

Key Points:

NEW YORK, April 15, 2024 /PRNewswire/ -- Sotheby's International Realty today announced the opening of Poland Sotheby's International Realty, signifying the brand's 194th office in Europe.
An international businessman, Gebrauskas is also an owner of Baltic Sotheby's International Realty in Lithuania.
The affiliate network is operated by Sotheby's International Realty Affiliates LLC, and the company owned brokerages are operated by Sotheby's International Realty, Inc.
Both Sotheby's International Realty Affiliates LLC and Sotheby's International Realty, Inc. fully support the principles of the Fair Housing Act and the Equal Opportunity Act.

C.K. McWhorter Endows Sotheby's with the Illustrious McWhorter Family Trust Warrant, Recognizing its Superlative Standing in the World of Fine Art and Auctioneering

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Giovedì, Marzo 14, 2024

Commitment, Community, Culture, Social responsibility, Single-family, Ambassador, ESG, Acquisition, Security (finance), SFO, Investment, Sotheby's, Collection, Jewellery

This momentous union underscores the McWhorter family's unwavering commitment to the preservation of cultural heritage and the celebration of artistic brilliance.

Key Points:

This momentous union underscores the McWhorter family's unwavering commitment to the preservation of cultural heritage and the celebration of artistic brilliance.
The Incorporation of Sotheby's into the McWhorter Family Trust’s Investment Portfolio:
The inclusion of Sotheby's into the esteemed roster of the McWhorter Family Trust’s investments signifies a deliberate expansion of the family’s prestigious asset portfolio.
McWhorter, masterfully steering the intricate structures of the Single Family Office (SFO), is strategically executing a significant, yet discreet, acquisition of Sotheby’s Art and collectibles.
The McWhorter Foundation and its affiliates are not investment advisors and do not provide advice to the general public.

Julien's Auctions Expands Senior Leadership Team as it Focuses on Next Stage of Growth in Music, Entertainment and Hollywood Auctions

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Giovedì, Marzo 28, 2024

LOS ANGELES, March 28, 2024 /PRNewswire/ -- Julien's Auctions today announced a series of additions to its senior leadership, bringing in highly experienced executives to work alongside Darren Julien and Martin Nolan and their team, to build on Julien's Auctions' success as the world's leading music, entertainment and Hollywood auction house and further expand the business.

Key Points:

Woolley began her career at Sotheby's and brings nearly two decades of experience running her own appraisal company The Collectors' Lab.
She returns to Julien's after working with the company for many years and served as its first COO.
She served as Sotheby's Senior Vice President of Global Product Management and Head of Client Experience at TheKey.
We are also thrilled to have Marty Geller and his organization playing a significant role in our next stage of growth.

Haute Residence and KC Martin Continue Their Real Estate Partnership Into Fifth Year

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Mercoledì, Marzo 27, 2024

Partnership, Travel, Thought, Auction, Sotheby's, Music, Residence, Sotheby's International Realty, Television

PARIS, March 27, 2024 /PRNewswire-PRWeb/ -- A background in business and law gives KC Martin a decided edge in real estate negotiations, contract examination, and execution. Professional and ethical, KC enjoys the "art of selling" and the strategic ingenuity behind it. She prides herself on her discretion and business acumen in putting together deals efficiently by thinking outside the box while working with sellers, buyers, and investors of all types.

Key Points:

Haute Residence and acclaimed real estate agent KC Martin take their partnership into its fifth year.
As a Haute Residence member, KC Martin exclusively represents the high-end real estate market in Paris, France.
PARIS, March 27, 2024 /PRNewswire-PRWeb/ -- A background in business and law gives KC Martin a decided edge in real estate negotiations, contract examination, and execution.
A background in business and law gives KC Martin a decided edge in real estate negotiations, contract examination, and execution.

The Dalmore and V&A Dundee unveil second instalment in magnificent Luminary series

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Venerdì, Marzo 22, 2024

Maker, V&A Dundee, Vanilla, Architect, Partnership, Zaha Hadid Architects, Glass, Sculpture, Sotheby, Honey, Sotheby's, Multimedia, Collectable, Beer

GLASGOW, Scotland, March 22, 2024 /PRNewswire/ - The Dalmore Luminary Series, curated in partnership with V&A Dundee , is releasing new masterpieces: a remarkable glass amber sculpture and collectable presentation case housing two new, exceptionally rare Highland Single Malt whiskies.

Key Points:

GLASGOW, Scotland, March 22, 2024 /PRNewswire/ - The Dalmore Luminary Series, curated in partnership with V&A Dundee , is releasing new masterpieces: a remarkable glass amber sculpture and collectable presentation case housing two new, exceptionally rare Highland Single Malt whiskies.
The collaboration is the second in a three-part series which celebrates the relentless pursuit of excellence through compelling collaborations between luminaries in whisky mastery and architectural design.
Luminary No.2 has been created by Melodie Leung, Director at Zaha Hadid Architects , together with Gregg Glass, Master Whisky Maker at The Dalmore , and Master Distiller Richard Paterson OBE.
While crafting our two new whiskies, we used the technique of time – nurtured carefully to transform through blending – to elevate The Dalmore to new heights."