A MAYFAIR art gallery is becoming the first in London to accept Bitcoin and other digital currencies.
Visitors to Dadiani Fine Art, in Cork Street, will be able to pay with any of the leading crypto-currencies, which are bought and sold solely online.
Owner Eleesa Dadiani said: “Cryto-currencies will provide a bridge from the elitist, centralist fine art market to a decentralized open-source world where many more will be able to become part of this exhilarating market.
“This could be a turning point for the crypto-currency market. For many years, it has been ridiculed but when traditional businesses, such as galleries, take it seriously it is a sure sign that this is a very important technology.
“It will also open the market to a new type of buyer, people who regard crypto-currency as more valuable and stable than traditional currencies. They will become part of an old money market, using new money.”
The currencies will be accepted at the gallery’s new exhibition. The Noise, which opens on July 14, featuring sculptures made from the exhausts of Formula One Cars.
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