Gemini to provide crypto payments to sports memorabilia auction venue Goldin

Mar 30, 2021 | The Block News | 0 comments

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Goldin Auctions, a leading venue for sports memorabilia trading, announced Tuesday that it would integrate crypto payments with the help of crypto exchange Gemini. 

The new Gemini integration will allow bidders and cosigners to use Bitcoin and Ether when trading on Goldin’s platform. The announcement comes as the overlap between the crypto industry and collectibles reaches an inflection point, with non-fungible token providers like Dapper Labs receiving significant new funding from investors.

The latest crypto integration comes on the heels of a $40 million capital raise by Goldin. 

Of the news, Goldin’s Ross Hoffman said in a statement:  “We’re incredibly excited about our partnership with Gemini as we see significant overlap between the crypto community and the hobby. This is especially true for new collectors who view collectibles as a key piece of their portfolio.”

Alongside Gemini, crypto payments platform and stablecoin operator Circle has also been quick to involve itself in the rise of NFTs. The firm rolled out new payment infrastructure intended for NFT marketplaces last week. 

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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