Art Markets

Sotheby's Pitches a Bond Secured by Art Collections and a Museum Plays the Auction Game

Sotheby’s announces new backed security, but what is so new about it?With New York’s major Modern, Post-war, and Contemporary May sales around the corner, all eyes are on the big-ticket items ready to hit the block, with Jean-Michel Basquiat topping the list at both Sotheby’s and Christie’s. This year, Sotheby’s Financial Services is pinning a little more on […]

What's happened in the art market since the 2022 crypto crash?

What’s happened in the art market since the 2022 crypto crash?A panel at The Art Business Conference London offered a broad view on digital advance and its relationship to the Artworld in the post-crash eraBy Riah PryorA panel of leading voices on digital advance led discussion in Westminster earlier this month, as part of the […]

Breaking down Fractionalized Ownership of Art

Last week was a very eventful one in the art world. Art Basel opened on its home turf in Switzerland, with over 200 galleries presenting works by top international artists (we’ve highlighted a few selections here). Back in the US, and Web3, in a white-glove auction of digital art from the seized 3AC collection, Sotheby’s sold […]