On December 11, Bloomberg reported that Singapore has an amazing vault, known as the 'Fort Knox of Asia', which not only houses top-tier wines and priceless paintings but also displays a complete Triceratops skeleton that is 69 million years old. Currently, only 24 such skeletons have been discovered worldwide!
Among the collectors of this skeleton is Yoann Turpin, co-founder of the crypto market maker Wintermute. This trading mogul and several co-investors spent nearly $5 million to acquire this fossil, which is over five meters long, and it was specially transported from Wyoming to Singapore's Le Freeport earlier this year. All four collectors are into cryptocurrency, including Chaw Wei Yang, who operates a collectibles-themed platform called Co-Museum.
This transaction shows how the preferences of elites in the crypto circle have changed. In 2022, NFTs were extremely popular, and they were all enthusiastic about digital art. But now, digital art no longer holds the same appeal for them. Nowadays, executives in the cryptocurrency sector are increasingly fond of collecting antiques, precious metals, and sculptures.
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