BOGOTA, Colombia, Sept. 15, 2022 (GLOBE NEWSWIRE) — Arity, a luxury conglomerate led by jewelry industry veterans, auctioned the first exclusive jewelry collection backed by NFT legacy certificates at the prestigious Colombian auction house Lefebvre. The collection was designed in collaboration with renowned jewelery designer and member of the Royal Family of the United Arab Emirates, Sheikha Fatima Al-Qassimi.
Lefebre Subastas became the first auction house in Latin America to sell NFT-backed jewelry. This comes shortly after major luxury brands such as Sotheby’s, Tiffany, Gucci and more have begun to explore the potential of NFTs and “phygital” assets to meet the demand for innovative digital experiences.
Arity’s auction at Lefebre Subastas featured Matrix ring and Singularity earrings which includes emeralds originally mined from Colombia through Arity’s sustainable mining operations. Both parts were sold on September 7, with the Matrix Ring marking the highest bid for the jewelry part of Lefebre, along with individual NFT assets. The collection showcases the next evolution of jewelery design, combining the physical and digital worlds.
“This is just the beginning of my collaboration with the Arity team. I look forward to exploring innovative implementations of NFTs and blockchain technology in the high-end jewelry sector. In addition, the work that Arity is doing to increase traceability and ensure sustainability in the supply chain of precious minerals very important to the industry,” said Sheikha Fatima Al-Qassimi. Sheikha Fatima, who is a member of the Ras al-Khaimah royal family, is a respected jewelry designer and owner of Sough Goldsmith, whose collections have been featured in Vogue.
Colombia has a long-standing heritage as a top supplier of the world’s finest quality emeralds, with the Chivor mine being one of the largest deposits in the country. The most expensive emerald, per carat, ever sold at auction was The Rockefeller Emerald Ring, originating from the Chivor mines, it has the intense color and distinct saturation that characterize Colombian emeralds and was auctioned by Christie’s for over 5.5 million dollars. The Arity founders hold the most comprehensive mining license in the region and were the first to implement blockchain technology in 2018 to ensure traceability; its executives have over 80 years of combined experience in mining, gemstone cutting and high-end jewelry.
The director of Lefebre Auctions, Catalina Martinez, said: “With blockchain it is possible to create a direct bridge between art and technology, highlighting the level of artistry that is evident in each jewel. These pieces are made with emeralds extracted from the well-known Chivor mine with completely clean and sustainable processes, and all of this can be tracked via NFT.”
The winning bidder will receive the physical chip along with an NFT representation of the Singularity Earrings and Matrix Ring. These NFTs will be integrated into Metaverse applications in future iterations of Arity’s offerings as the company continues to pave the way to Web3 for the luxury industry.
About Arity
Arity is a Web3 company that uses blockchain to innovate the luxury goods market. Arity brings generations of experience in emerald sourcing, mining and jewelry design and deep crypto and NFT knowledge. Arity’s technology builds flawless chains of custody for precious assets and immortalizes human craftsmanship in exclusive jewelry and exclusive experiences. Learn more about Arity at Arity. club
About Lefebre Subastas
LeFebre auction house located in Bogota, Colombia has among its collection international artists such as Mondrian, Albers, Szyszlo, Dalí, Nierman, Soto, Rembrand, and a selection of Latin American religious paintings from different schools, Cuzqueña, Neogranadina, Virreinal. And great masters of Colombian art; with works by Omar Rayo, Ana Mercedes Hoyos, Olga de Amaral, Carlos Rojas, Roberto Pizano, Miguel Ángel Rojas, Luis Caballero, Manuel Hernández, Hugo Zapata, Edgar Negret, Eduardo Ramírez Villamizar, among others. Learn more about Lefebre at
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