Ukma, the cultech startup known for its innovation in the design, manufacturing, and marketing of sculptures, has successfully closed a seed investment round led by CANVAS Partners. This financial move allows the company to expand its presence in Mexico and internationally, marking an exciting chapter in its mission to influence the world of art and
Keep up to Date with Latin American VC, Startups News Ukma, the cultech startup known for its innovation in the design, manufacturing, and marketing of sculptures, has successfully closed a seed investment round led by CANVAS Partners. This financial move allows the company to expand its presence in Mexico and internationally, marking an exciting chapter
AllianceBlock’s Arkefi platform is reshaping the future of luxury art investments by leveraging decentralized technology, offering inclusive access to high-net-worth individuals and crypto enthusiasts. Investing in exclusive art and collectibles is revolutionizing thanks to Web3 and DeFi technologies. AllianceBlock, a prominent infrastructure provider for decentralized tokenized markets, launches the Real-World Asset (RWA) platform Arkefi within
The art industry is opaque and full of asymmetrical information. Art gallery merchants have far more knowledge and expertise about the pieces they’re selling than the buyers. So how does an everyday investor avoid getting ripped off when buying fine art? By doing research. Why Invest in Art? At a 2017 auction, the painting “Salvador
How Do NFTs Work? The driving force behind any non-fungible art is unique and contains a digital signature. They come in different shapes and sizes, but they also have other functions. The uniqueness of each token essentially adds value to it and guarantees ownership. Anyone can create NFTs as long as you can digitize the
Why do people collect art? And what factors influence how they purchase it? These questions form the basis of Art Collector Insights 2023, Artsy’s research-driven report on the state of art collecting today. Amid this period of pronounced uncertainty for the art market and the economy at large, we sent out our annual survey to
The former U.S. President Donald Trump is never far from controversies and speculation regarding his assets and finances. On April 14, Trump submitted a tax filing that claimed he owned $250,000-$500,000 of Ether ($ETH). However, thanks to statements shared by Citizens for Responsibility and Ethics in Washington, it’s now been confirmed that Trump is a
The year’s most expensive sale in New York City took place in August at 220 Central Park South in Midtown, where an expansive duplex in the villa portion of the park-facing condo complex closed at $80 million. The apartment, occupying the eighth and ninth floors of the 18-story villa building, was sold to an anonymous
South Korea’s art market in 2022 shattered records, bolstered by the launch of Frieze Seoul and the country’s early lifting of Covid travel restrictions compared to the rest of East Asia. This year has seen a readjustment, dropping to 2019 levels with global economic woes echoing in Korea. Meanwhile other Asian art centres, particularly Hong
Ever wondered where the truly wealthy stash their cash? It’s a question that fascinates many, and the answer might surprise you. A recent survey by Bank of America Private Bank sheds light on the financial habits of millionaires in the United States. It turns out that the wealthiest Americans, particularly those ages 21 to 42