PANews reported on February 23 that according to TheBlock, a series of precious NFTs held by Three Arrows Capital will soon be sold. A document shows that Teneo, the liquidator of Three Arrows Capital, has notified the relevant parties of the sale on February 22.
Christopher Farmer, senior managing director at Teneo, said the sale “is to realize the value of the NFTs for liquidation purposes,” adding that it is expected to begin within 28 days of notification.
The NFTs sold include a dozen CryptoPunks, 30 Tyler Hobbs' Fidenzas, and 17 Dmitri Cherniak's Ringers, etc. The estimated value is about $6.4 million based on the floor price.