An Artist at His Easel, 1914. Artist John Singer Sargent. Heritage Images via Getty Images Oscar Wilde may—or may not—have remarked that “when bankers get together for dinner, they discuss art. When artists get together for dinner, they discuss money.” Today, the domains of the worlds of art and finance have never before been more
For years, industry leaders, skeptics and enthusiasts alike have questioned if blockchain would ever be adopted by mainstream institutions, and if so, when? Well that day has come and passed, in large part thanks to the ability to tokenize assets on-chain. Blockchain technologies are now playing a vital role across industries, and are propelling businesses
On the go? Listen to our discussion of this story on The Hustle Daily Show podcast. A few weeks ago, a client from Alabama asked Bernard Ewell to appraise a work of art by Salvador Dalí. It was one of the artist’s most recognizable pieces, Lincoln in Dalívision, a mosaic print of Dalí’s wife, Gala,
ARTSPLIT is an art trading technology company with a single goal in mind: to improve the investment status of African art by allowing users to co-own rare and valuable artworks on a platform that ensures price discovery and market liquidity. The ARTSPLIT mobile app allows art collectors to own fractions (also known as Splits) of
The comment period for a Securities and Exchange Commission proposal to expand the type of investments subject to custodial oversight by advisers to things like physical commodities, digital assets and artwork is set to expire on Monday, May 8, though multiple industry associations are asking for a 60-day extension. The SEC first proposed an amendment
Artex, a new “online stock exchange for art”, offered its first initial public offering (IPO) in an event at the Victoria & Albert Museum in London last night—Francis Bacon’s Three Studies for a Portrait of George Dyer. The painting last sold at auction in May 2017 for nearly $52m and will be offered to investors
Art institutions receive over $11M to develop new leadership and curatorial positions to increase racial equity in the sector NEW YORK, NY – (May 3, 2023) Today, four national funding partners, Alice L. Walton Foundation, Ford Foundation, Mellon Foundation, and Pilot House Philanthropy announced the Leadership in Art Museums (LAM) initiative. Over the next five
Art has long been considered a valuable asset class for investors, with the potential for high returns and unique physical and aesthetic qualities. While the art market has seen its share of ups and downs, it remains an attractive option for those seeking alternative investments. One company at the forefront of investing in art is
Technology is revolutionizing the art world, presenting investors with novel opportunities and challenges. The emergence of fractional shares of fine art and NFTs has created a unique intersection of art and technology, prompting many to question which investment option holds greater promise. Here, we delve into the world of art investments to better understand the
WHEN it comes to investing, diversification is an important pillar. It’s all about investing in a range of assets and not keeping all your eggs in one basket. But have you ever considered putting your money into art? Art is a ‘collectible’ – meaning it’s simply an asset that people collect. It can be either physical