UK auction house Bonhams is selling the world’s first non-fungible tokens (NFTs) for ballet, with Russian dancer Natalia Osipova in the starring role.

The NFTs feature three video performances by the principal dancer at London’s Royal Ballet. Two are from Giselle, while the third is from Left behind, a contemporary dance she has performed with her partner, Jason Kittelberger.

Osipova and her partner wanted to use some of the funds to set up a ballet company, Bonhams head of digital art, Nima Sagharchi, said during a preview of the works...