Artory
Unlocking Art & Collectibles as a Credible Asset Class
About Artory
Artory prepares collectible, real-world assets for the rapidly developing digital, financial ecosystem. The Artory team’s deep experience in the art industry, combined with our network of partners and technology, allows Artory to accelerate the liquidity and investment opportunities for the most trusted physical artworks. With our unique Due Diligence Tool, Artory secures trusted information from expert partners to tokenize physical artworks and real-world assets. This process prepares these objects to be incorporated in traditional financial instruments, next-gen digital-first financial products, and other Web3 opportunities. Artory’s database, which contains over 44 million transaction records from auction houses across the globe, is a core dataset for the annual UBS + Art Basel Global Art Market Report, published by renowned economist Dr. Clare McAndrew. The database is essential to asset valuation when artworks or collectibles participate in digital primary or secondary markets, or other financial products. Artory was founded in 2016 by Nanne Dekking to accumulate and secure trusted data about artworks and collectibles. In 2018, The Artory Registry was the first platform to immutably record artwork information on the blockchain when Artory partnered with Christie’s to exclusively register each piece of art sold from the $323M Barney A. Ebsworth Collection. Through the partnership, Christie’s became the first auction house to record artwork transactions on the blockchain. Artory was launched for public use in late 2019 in partnership with Winston Art Group–the world’s leading independent appraisal firm. The collaboration with Winston Art Group allows individual collectors to register validated information about their personal artworks on the blockchain, giving collectors unprecedented access to the benefits of blockchain security. Since then, Artory has verified, secured on blockchain, and tokenized over $1.5B worth art and collectibles. Starting in 2021, Artory began leveraging the trusted artwork information to tokenize physical artworks to prepare them for safe and efficient trade in the digital financial markets. Artory also owns, maintains, and develops one of the largest databases of art market data. These data are used for sophisticated data insights and data-driven valuations and solutions. Artory’s investors include Hasso Plattner Capital, Knickerbocker Capital LP, Borderless Capital, and Jsquare.
Company Facts
- Headquarters
- New York
- Operating Status
- active
- Company Type
- for_profit
- IPO Status
- private
- Employees
- c_00011_00050
- Funding Stage
- early_stage_venture
- Total Funding
- $17,500,000
- Last Funding Type
- series_a
- Last Funding Date
- 2021-09-15
- Website
- artory.com
Industries & Categories
Art, Blockchain, Financial Services, Information Technology
Social Links
Canonical: https://fsome.com/organization/artory-79668 · For the full interactive profile (funding rounds, investors, team, portfolio, charts), please enable JavaScript.