Artory and Tokeny’s collaboration strives to democratize the $67bn art market.  (Photo: Artory)

Artory and Tokeny’s collaboration strives to democratize the $67bn art market.  (Photo: Artory)

Artory and Tokeny collaborate to democratize the $67bn art market. Utilizing ERC3643, they strive to boost liquidity and free tokenized securities from siloed platforms, promoting global trade connectivity. This partnership intends to shape a transparent, compliant art investment ecosystem.

Artory, a key player in democratizing art and collectibles, is partnering with Tokeny, the leading tokenization platform, to unlock liquidity in the $67bn global art market.

By integrating the ERC3643 tokenization protocol, this partnership is making it possible for individuals everywhere to access credible, high-quality art investment opportunities.

Historically, art and rare collectibles have been exclusive investments for the wealthy, requiring thorough appraisal and large investment sizes for access, with limited liquidity. This alliance combines Artory’s proficiency in providing audit-ready certifications and data-driven valuations with Tokeny’s robust tokenization capabilities. Together, they aim to address the challenges in the field.

Furthermore, this partnership ensures that art-backed digital securities are interoperable across all types of exchanges, whether centralized or decentralized, rather than exclusive to a specific marketplace. This enhancement in interoperability will significantly improve liquidity and accessibility.

Nanne Dekking Founder & CEO of Artory commented: ‘We want to make trusted, tokenized art investments accessible across platforms. ERC3643 is a game changer in achieving this goal, providing a complete interoperable ecosystem for liquidity. Tokeny provides the best solution using the standard, and we are excited to be collaborating with them.’

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