ARTEX MTF AG (“ARTEX”- www.artex.io) will launch its first ART Initial Public Offering (IPO) on Tuesday 30 May in the Victoria and Albert Museum.
The soon-to-be-listed masterpiece will be the first of many future ART IPOs; ARTEX aims to list more than EUR 1BN worth of artworks over the coming months. The event will mark a significant milestone for ARTEX, which is dedicated to democratising investment opportunities in the most iconic artworks by the world’s greatest artists from the Renaissance all the way through to the Contemporary period.
The ART IPO of each masterpiece will be similar to a traditional IPO, where shares of a private company are issued to the public for the first time. An ART IPO involves dividing the ownership of a single artwork into smaller units, in this case, traditional shares worth EUR 100 each. These shares can then be traded on a secondary market on the ARTEX exchange (a traditional stock exchange) and through its members and participants – regulated banks and brokers.
“ARTEX MTF” operates a secure and liquid art shares exchange which is regulated and supervised by the Financial Markets Authority of Liechtenstein within the European MiFID II legislative framework. By providing easy access to the traditionally exclusive fine art market, ARTEX aims to democratise investing in artworks by the world’s greatest artists from the Renaissance all the way through to the Contemporary period. ARTEX-listed masterpieces will be publicly displayed in museums and exhibitions around the world. ARTEX strives to empower investors by offering the latest news, market insights,and educational content to level the playing field in art investing.
ARTEX was co-founded in 2020 by art enthusiasts and financial markets experts H.S.H. Prince Wenceslas of Liechtenstein and Yassir Benjelloun-Touimi.
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