R112m banana art eaten by its owner

Crypto entrepreneur Justin Sun yesterday fulfilled a promise he made after spending $6.2 million (about R112 million) on an artwork featuring a banana duct-taped to a wall - by eating the fruit.

At one of Hong Kong's priciest hotels, Sun chomped down on a banana in front of dozens of journalists and influencers after giving a speech hailing the work as "iconic" and drew parallels between conceptual art and cryptocurrency.

"It's much better than other bananas," Sun said after getting his first taste. "It's really quite good."

Titled Comedian, the conceptual work created by Italian artist Maurizio Cattelan was sold at a Sotheby's auction in New York last week, with Sun among seven bidders.