LONDON (REUTERS) - A set of 107 non-fungible tokens (NFTs) representing images of cartoon apes sold for US$24.4 million (S$32.8 million) in an online sale at Sotheby's auction house on Thursday (Sept 9), as the market for the niche crypto asset continues to heat up.

The images were part of the Bored Ape Yacht Club collection of NFTs - a set of 10,000 computer-generated cartoon apes, made by the US-based company Yuga Labs. Owners of the ape NFTs become members of an online club.