Mr Sun runs the Tron blockchain network – a service where users can trade in cryptocurrency.
Cryptocurrencies are digital currencies that operate independent of banks, offering the potential of very secure decentralised transactions.
Mr Sun compared the artwork, and other abstract pieces like it, to NFTs.
These “non-fungible tokens” are pieces of digital artwork that have no intrinsic value, other than that prescribed by people.
NFTs can be traded on platforms like Mr Sun’s.
Last year, he was charged by the US Securities and Exchange Commission for offering and selling unregistered security tokens. Mr Sun denies the charges and the case is ongoing.
This week, Mr Sun disclosed he made a $30m investment in a crypto project backed by US President-elect Donald Trump.
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