A collection of NFTs called "Grails" previously owned by Three Arrows Capital (3AC), a Singapore-based crypto hedge fund that went bankrupt in 2022, was sold at a Sotheby's auction for $2.4 million. The collection included rare tokens such as Fidenza and Autoglyph, which sold for more than double their initial estimated value. The top piece, Fidenza #725, was initially valued at $120,000-$180,000 but eventually sold for just over $1 million. The remaining pieces may be sold privately or through another public auction.