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Sunday, 07/11/2021 8:49:23 AM

Sunday, July 11, 2021 8:49:23 AM

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Sotheby's just set the world record for the most expensive piece of jewelry ever sold for cryptocurrency, auctioning off a 101.38-carat diamond for $12.3 million of either Bitcoin or Ether on Friday.

The cryptocurrency sale of the pear-shaped D Flawless diamond, named "The Key 10138," shows Sotheby's "commitment to innovation," the company said.

The auction house accepted Bitcoin or Ether through Coinbase, a cryptocurrency exchange that went public earlier this year.

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