Luxury Staples Embrace NFTs
Bloomberg Crypto29 Elo 2022

Luxury Staples Embrace NFTs

Despite the continued crypto winter, NFTs are still bringing some heat for high end products. Non fungible tokens have become increasingly popular with many luxury brands, and remain a powerful draw for some consumers. High-end retailers Gucci and Tiffany are the latest to jump into the fray with new NFT offerings.

Kering SA’s Gucci says it will accept ApeCoin as legal tender in select US stores. LVMH’s Tiffany & Co also announced it’s launching what it calls N-F-Tiffs: collectible vouchers that can be redeemed by owners of CryptoPunk NFTs for a custom jewelry piece.

The demand for NFTs has slumped in recent months, so why are these brands so bullish on crypto?

Bloomberg journalists Emily Nicolle and Taz Akhtar join Crypto Senior editor Anna Irrera on this episode to discuss why luxury brands have embraced NFTs.

See omnystudio.com/listener for privacy information.

Jaksot(223)

Introducing - Spellcaster: The Fall of Sam Bankman-Fried

Introducing - Spellcaster: The Fall of Sam Bankman-Fried

Coming soon: When nerdy gamer Sam Bankman-Fried rocketed to fame as the world’s richest 29-year-old, he pledged to donate his billions to good causes. But then his crypto exchange FTX collapsed Billio...

12 Touko 20232min

Princeton University’s Blockchain Center, One Year On

Princeton University’s Blockchain Center, One Year On

Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or  Spotify. Last year, just before the crypto winter had hit in earnest, Princeton University opened up “The Center for the Decentral...

16 Maalis 202313min

Crypto Winter Meets Banking Crisis: A Tale of Three Banks

Crypto Winter Meets Banking Crisis: A Tale of Three Banks

It’s been another wild week of financial mayhem connected to crypto. But this time the crisis focused on banks.  It started earlier this month [March], when Silvergate Capital shut down operations. Th...

16 Maalis 202319min

NFT Fans Say 2023 Is Looking Up

NFT Fans Say 2023 Is Looking Up

Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or  Spotify. Some might argue that the popularity of NFTs faded as quickly as it rose. NFTs boomed in early 2022 when the crypto mania...

15 Maalis 202325min

Job Cuts Reflect Crypto Winter’s Deep Freeze

Job Cuts Reflect Crypto Winter’s Deep Freeze

The last 12 months or so have been a particularly grueling season for crypto. And as we head into the spring months of 2023, we’re getting a better sense of what the slump in crypto prices has meant f...

14 Maalis 202316min

What’s Happening With Crypto in Argentina?

What’s Happening With Crypto in Argentina?

Argentina is one of the countries with the highest rates of inflation in the world -  currently hovering at close to 100%.  The nation is also one of the countries with the biggest population of crypt...

13 Maalis 202314min

This Week in Crypto: Court is in Session

This Week in Crypto: Court is in Session

Legal battles, circling regulators and a troubled bank. It's all happening in crypto this week.  Court is in session as Grayscale challenges the SEC over the prospects for a Bitcoin ETF, while themsel...

10 Maalis 202319min

Circle CEO Jeremy Allaire on US Crypto Regulation

Circle CEO Jeremy Allaire on US Crypto Regulation

Bloomberg’s stacy-marie ishmael interviewed Jeremy Allaire, Chief Executive Officer of Circle Internet Financial Ltd. to discuss stablecoins and his views on crypto regulation. The CEO of the Boston-b...

9 Maalis 202319min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
rss-ootsa-kuullut-tasta
tervo-halme
ootsa-kuullut-tasta-2
politiikan-puskaradio
viisupodi
rss-podme-livebox
et-sa-noin-voi-sanoo-esittaa
rss-asiastudio
otetaan-yhdet
rss-vaalirankkurit-podcast
the-ulkopolitist
linda-maria
rikosmyytit
rss-mina-ukkola
rss-kaikki-uusiksi
rss-merja-mahkan-rahat
radio-antro
rss-polikulaari-humanisti-vastaa-ja-muut-ts-podcastit
rss-raha-talous-ja-politiikka