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Sanjian Capital’s Precious NFT to be Sold Soon

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It is reported that a series of precious NFT purchased by Sanjian Capital (3AC) will be sold soon. According to a document, Teneo, the liquidator of 3AC, infor…

Sanjian Capital’s Precious NFT to be Sold Soon

It is reported that a series of precious NFT purchased by Sanjian Capital (3AC) will be sold soon. According to a document, Teneo, the liquidator of 3AC, informed the parties concerned of the sale on February 22.

Teneo, the liquidator of Sanjian Assets, will sell the NFT held by Sanjian Capital, with a value of more than US $6.4 million

Interpretation of the news:


Sanjian Capital, also known as 3AC, reportedly purchased a series of precious NFTs, and now it has been announced that these NFTs will soon be sold. The news comes from Teneo, which is the liquidator of Sanjian Capital. The announcement was made on February 22, informing all parties involved in the process of the upcoming sale.

NFTs, also known as non-fungible tokens, have been a hot topic in the cryptocurrency world lately. They are digital assets that are unique and cannot be reproduced. These tokens have made it possible to monetize digital art, music, and other forms of digital content.

Sanjian Capital is a well-known investment firm that focuses mainly on digital assets. They have been active in the NFT market and have been investing heavily in various NFTs. As a result, they have amassed a collection of valuable and rare NFTs.

The reason for the sale of Sanjian Capital’s NFTs is not clear, but it is believed to be due to the liquidation of the company. The liquidation process is a legal process that is used when a company is unable to pay its debts and liabilities. During the process, a liquidator is appointed to sell off the company’s assets to pay off the debts and liabilities.

The sale of Sanjian Capital’s NFTs is expected to generate a significant amount of money, as many of the NFTs they own are rare and in high demand. The sale will also be closely watched by the NFT community, as it will give an indication of the current value of certain NFTs.

In conclusion, Sanjian Capital’s announcement of the upcoming sale of their precious NFTs has caused a stir in the digital asset and cryptocurrency world. It remains to be seen how much money the sale will generate and what the impact will be on the NFT market. However, it is clear that NFTs are a valuable asset that can be used to monetize digital content, and their popularity is only increasing.

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