Business

By , Business March 23, 2021

OTOY CEO Talks Non-Fungible Tokens With CNBC

Jules Urbach, founder and CEO of OTOY, joined CNBC’s “Closing Bell” March 22 to discuss the power and long-term viability of non-fungible tokens (NFT), the blockchain-based technology that allows for any digital file to be marked as unique.

OTOY’s cloud graphics technology is used by American digital artist Mike Winkelmann, also known as Beeple, whose “Everydays – The First 5000 Days” NFT digital blockchain artwork set a record March 10, selling for $69.3 million at auction.

To hear Urbach’s take on the technology, click here.

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