Popular on TelAve
- Human Resources Strategy Forum Celebrates 30 Years Empowering Leaders, Shaping the Next Generation of HR Innovators - 133
- Self-eSTEM Celebrates A Decade of Empowering BIPOC Women & Girls in STEM
- Voices Rising Festival Celebrates Diversity in E. Islip, GRAMMY Governor LACHI performs!
- Allegiant Management Group Launches New Website Following Recent Rebranding
- Pikmykid School Messaging Empowering Schools Across the United States
- The Enchanting Tree-Talking Wizards Are Back!
- Dr. Stephen Shainbart, PHD, Highlights 5 Reasons to Discuss Family Therapy and Couples Counseling in Buffalo, NY
- HandicapMD.com Revolutionizes Access to Handicap Placards in New York
- Leading Arizona Real Estate Team Rebrands to SPACE, Marking a New Era in Real Estate Innovation
- AuthuSign Launches Mobile Web App, Empowering Users to Sign Documents on the Go
ARTSCAPY: Unlocking Liquidity in the Art Market Through Data-Driven Art Financing Solutions
TelAve News/10844217
LONDON - TelAve -- Artscapy, a leading innovator in the art technology space, announces the launch of a new art-secured lending solution. A unique offering that leverages a proprietary data-driven ratings methodology will create new liquidity opportunities for art collectors and investors. This marks a significant shift in the way art is perceived and utilised as an asset class, providing collectors unprecedented access to capital through their collections.
"There is a new world emerging where art and finance converge," says Emilia De Stasio, CFA, COO and co-founder of Artscapy, and former ECB and Moody's Investors Service. "Art financing has transformed the way collectors engage with their collections. What was once considered an illiquid asset, locking up significant capital, can now be leveraged to unlock liquidity or acquire new works more efficiently. This shift adds another positive dimension to art's appeal as a passion investment."
More on TelAve News
Major banks and institutional lenders traditionally lack both the expertise and the appetite to engage in art financing, especially in the current interest rate environment. The ones that do engage with this market tend to focus on high-value assets such as multimillion Picasso or Monet works, leaving a large segment of the market underserved. This creates an opportunity for specialised players like Artscapy, who understand the art market and the power of data to make a massive impact. Indeed, Artscapy provides art-secured financing backed by a wide range of blue-chip artworks typically held by today's collectors, extending from unique works by leading artists to multiples, such as prints, by contemporary names including Damien Hirst, Andy Warhol, and Banksy.
Key Innovations in Artscapy's Art Financing Solutions:
More on TelAve News
The global art-secured lending market, currently valued at $30 billion, is expected to grow by 10% annually over the next few years. As collectors increasingly view their art as capital, the demand for art-secured loans continues to rise. Artscapy's innovative approach, driven by its Art Rating System, offers collectors new ways to manage their art portfolios and unlock capital from their collections.
www.artscapy.com
"There is a new world emerging where art and finance converge," says Emilia De Stasio, CFA, COO and co-founder of Artscapy, and former ECB and Moody's Investors Service. "Art financing has transformed the way collectors engage with their collections. What was once considered an illiquid asset, locking up significant capital, can now be leveraged to unlock liquidity or acquire new works more efficiently. This shift adds another positive dimension to art's appeal as a passion investment."
More on TelAve News
- Consumer Focus Evolves: Emphasis on Sustainability Amid Ongoing Inflation
- U.S. Beauty and Personal Care Market Booming with Rising Demand for Natural and Organic Products
- Deliberately.ai Set to Launch AI-Powered Legal Platform for Personal Law
- CCHR Backs UN & Senate Calls for DOJ Action on Coercive Psychiatric Practices
- Doge Social Network Debuts: The Ultimate Platform for Social Posts, Blogs, and Earning Opportunities
Major banks and institutional lenders traditionally lack both the expertise and the appetite to engage in art financing, especially in the current interest rate environment. The ones that do engage with this market tend to focus on high-value assets such as multimillion Picasso or Monet works, leaving a large segment of the market underserved. This creates an opportunity for specialised players like Artscapy, who understand the art market and the power of data to make a massive impact. Indeed, Artscapy provides art-secured financing backed by a wide range of blue-chip artworks typically held by today's collectors, extending from unique works by leading artists to multiples, such as prints, by contemporary names including Damien Hirst, Andy Warhol, and Banksy.
Key Innovations in Artscapy's Art Financing Solutions:
- Higher Loan-to-Value Ratios: Artscapy offers up to 75% Loan-to-Value (LTV) on art-secured loans, compared to the typical 50% or below offered by large institutional lenders. This generates liquidity for a wider range of collectors at more attractive terms than generally accessible today.
- Data-Driven Term Sheets: Utilising a structured data and ratings methodology, Artscapy provides fairer and more competitive terms, reflecting true market conditions. This innovation addresses a long-standing gap in the art financing space.
- Focus on the Mid-Market: Artscapy targets the underserved mid-market segment, including individual collectors and family offices, which represent 90% of art-lending demand. The company's solutions invite more collectors into the asset class, reshaping art's role in financial portfolios.
More on TelAve News
- Free Luma Expands Inspiration with Launch of Kids Sizes for Popular RFID Bracelets
- New AI World Record! Startup Zenodelic.ai improves LLMs' understanding of the human mind!
- LCC Asia Pacific Celebrates Milestone with 550th Edition of Engineering & Industrial Services Sector Weekly Research Report
- Brooklyn Artist Allison Eden Studios Creates Presidential Portraits For Auction To Predict Election Results
- Arthur Murray Dance Studio of Denville: Dance Your Way to Joy and Confidence in North Jersey
The global art-secured lending market, currently valued at $30 billion, is expected to grow by 10% annually over the next few years. As collectors increasingly view their art as capital, the demand for art-secured loans continues to rise. Artscapy's innovative approach, driven by its Art Rating System, offers collectors new ways to manage their art portfolios and unlock capital from their collections.
www.artscapy.com
Source: Niki Gifford
0 Comments
Latest on TelAve News
- Jude Madrigal releases his first children's book, "The Trick-or-Treat Tree and the First Halloween."
- Powerful Leadership Transition to Optimize Highly Promising AI Platform RenovaroCube for Multi-Cancer Early Detection & Monitoring: Stock Symbol: RENB
- Lend a Hand Uganda-USA Hosts Its 10th Annual Poker Casino Night and Wine Tasting Fundraiser to Support Ugandan Children's Lunch Program
- Vantiva and Ann Mason Care Launch Innovative Remote-Enabled Home Care Service in the UK powered by the HomeSightTM Connected Care Solution
- K2 Integrity Appoints Justina Rousseau Senior Managing Director for Financial Crimes Risk Management Advisory Practice
- Get an Online Handicap Parking Placard in New York City: HandicapMD.com Simplifies Access to Handicap Placards
- Where Emergency Healthcare Communication is Going in the Next 5 Years
- 5 Questions to Ask a Commercial Window Cleaning Company in Los Angeles, CA Before Hiring Them
- Breaking Ground and Forging Partnerships: Recap of Paper Industry's Participation in Drupa Expo and Future Endeavors
- Get an Online Handicap Parking Placard in Los Angeles: HandicapMD.com Revolutionizes Access to Handicap Placards
- Carl Resnick joins Flexible Plan Investments as vice president of national sales
- Project EverGreen Creates A Cooler, Greener Future for New York City's Joe Holzka Community Garden
- Gravesider Mobile App Wants to Hire Actors to Play Dead
- CCHR Wants Increased Consumer Awareness About "Prescriptions for Violence"
- The Giant is Coming to Las Vegas: A Landmark Blending Art, Entertainment & Blockchain for an Unforgettable Experience!
- Nurturing Healthy Smiles Through Little Mouth Program
- Experience the Future of Digital Textbook with KITABOO at FBF 2024 and Win an iPad Daily!
- Integris Composites Displays New Military Armor at AUSA 2024
- Expert HVAC Upgrade Tips to Maximize Energy Efficiency
- ALLTRA SonicSwap Expands DeFi Opportunities with Weekly Listings and Global Partnerships