Artory utilizes blockchain technology to tokenize physical artworks, providing verified digital assets that enhance liquidity in the art market. By securing trusted information from partner institutions, Artory enables institutional-grade investment opportunities and data-driven valuations for collectors and investors.
Funding
$15.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The art market lacks transparency and liquidity due to the difficulty in verifying artwork provenance and authenticity, hindering institutional investment and efficient valuation. Collectors and investors need reliable data and secure methods to manage and leverage their art assets.
Solution
Artory provides a blockchain-based solution for tokenizing physical artworks, creating verified digital assets that enhance trust and liquidity in the art market. By partnering with reputable art institutions, Artory secures trusted information about artworks, including provenance and due diligence, and records it on a blockchain. This enables the creation of institutional-grade investment opportunities and data-driven valuations for collectors, investors, and asset managers. Artory's platform aggregates expert knowledge and transaction data, making it easier to unlock capital and manage art portfolios as credible assets.
Target Audience
Artory targets collectors, investors, and asset managers seeking institutional-grade investment opportunities and data-driven valuations for art portfolios, as well as art institutions looking to enhance trust and transparency in the art market.
Features
- Artwork tokenization using blockchain technology to create certified digital assets
- Secure recording of verified artwork information, including provenance and due diligence data, from expert partners
- A private, secure, and neutral platform for artwork registration and verification
- A Collector’s Vault for storing sensitive documents, such as condition reports and valuation estimates, with end-to-end encryption
- An Artory Registry that distinguishes registered artworks as verified by experts
- Sophisticated data insights for art portfolio valuation and management
- Integration with traditional financial instruments and Web3 opportunities
- Immutable compliance and regulatory standards embedded in smart contracts