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Record Doge NFT Sale Highlights Growing Demand for Fractionalization

Group ownership of NFTs is rising, but critics question whether the trend will last.

By Muyao Shen
Updated May 11, 2023, 3:38 p.m. Published Sep 2, 2021, 6:49 p.m.
An NFT associated with the original doge meme image has become the most expensive NFT in history thanks to NFT fractionalization.
An NFT associated with the original doge meme image has become the most expensive NFT in history thanks to NFT fractionalization.