Sotheby’s auction house is set to accept cryptocurrency for a rare black diamond

Sotheby’s has announced an auction of a rare black diamond called “the enigma,” and buyers can bid on it using Bitcoin, Ethereum, or USDC.

As per a report from Forbes, the British auction house has announced that it will hold the sale of a rare black diamond next month in February, and bidders will be able to get their hands on it using cryptocurrencies.

The diamond, dubbed “the enigma” is a 555.55 carat gem, and it is the largest ever such jewel to be put on auction.

Interested buyers will be able to pay for it using any of the three cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC).

Keep reading