UPDATE JANUARY 28, 2022:
GENEVA (AP) — Pablo Picasso’s family is not selling a digital asset linked to one of his works after all. After a granddaughter and great-grandson of the artist trumpeted the upcoming sale, lawyers for the family say his heirs have not authorized the launch of any such “Picasso NFT.” An intra-family disagreement has cropped up over it. Marina Picasso and her son Florian Picasso showed a ceramic work to The Associated Press this week in Geneva that they said was a piece by the Spanish great that would be linked to a “non-fungible asset” being sold online.
JANUARY 26, 2022:
GENEVA (AP) — Pablo, meet Crypto. Heirs of Pablo Picasso, the famed 20th-century Spanish artist, are vaulting into 21st-century commerce by selling 1,010 digital art pieces of one of his ceramic works that has never before been seen publicly — riding a fad for “crypto” assets that have taken the art and financial worlds by storm. For an exclusive interview before the formal launch this week, Picasso’s granddaughter, Marina Picasso, and her son Florian Picasso opened up their Geneva apartment, which is swimming in works from their illustrious ancestor. They offered a glimpse, however tantalizingly slim, of the piece behind what’s being billed as an unprecedented fusion of old-school fine art and digital assets.
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