Trending...
- California: Governor Newsom announces appointments 12.4.24
- IEI Technology USA Launches IMBAX-SP6: High-Performance ATX Motherboard for Edge AI Applications
- Ushio America to Exclusively Distribute Kooptech-Bio® LEGO® Washing Unit in North America
LONDON - Californer -- 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 The Californer
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 The Californer
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 The Californer
- Old Righteous Blues A Compelling South African Tale
- Building California: Revamped Build.ca.gov highlights billions in infrastructure investments in every California community
- L.A. County Board of Supervisors Recognizes Amapola Market for Outstanding Community Philanthropy
- Pivotal Delta Conveyance Project hits major milestone, now has support of water agencies serving majority of Californians
- California: More water, more jobs: Governor Newsom visits historic farm in Colusa to highlight efforts to build water infrastructure, faster and create jobs
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 The Californer
- Long Beach Public Library Launches 2025 SEED Creativity Lab, an Arts-Integrated Workshop Series for Middle School Students
- Master P Hosts the First Major Hip-Hop Black History Month Benefit Concert at NJPAC
- Civil Rights Leader Charges Musk Initiated Racist Censorship on X
- Long Beach: City Awards $250,000 in Grants to Local Business Improvement Districts
- California's cannabis task force seizes over $19 million in illegal cannabis and products in recent operations
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 The Californer
- California invests over $100 million to build safe walking and biking routes in disadvantaged communities
- Comp U Floor ERP vs. FloorZap: Discover the Best Flooring Business Software
- Taiho Oncology Data at ASH Annual Meeting Highlight Progress in Oral Therapies for Patients with Blood Cancers
- IP4Pros Launches Exclusive AI-Powered Patent Drafting Tool for Graduating Law Students
- NPower Receives $1M Grant from Northrop Grumman Foundation to Expand Tech Training for Transitioning Military Service Members
- 418,000 Kids Aged 0-5 on Psych Drugs: Campaign for "De-Prescribing"
- Lumaz Lighting Announces 2025 Holiday Season Sale: Up to 50% Off
- OpenID Foundation returns to Gartner IAM Summit to showcase interoperability in action
- Sir Rod Stewart reveals his model masterpiece in the UK
- $300 Billion in Estimated Annual Consumer Harm Linked to Fake Reviews, Transparency Company Research Report Reveals
- S.E,Gregg's Radio Interview On "Pursue Your Passion"
- California: Governor Newsom appoints Adam Schiff to the U.S. Senate to complete remaining term ahead of full elected service
- Kxng Nosa Teams Up with Coaction Group: A Melodic Journey Toward Empowerment and Change
- California: Governor Newsom proclaims Pearl Harbor Remembrance Day 2024
- Blueprint Medicines' Continued Leadership in Redefining the Standard of Care in Systemic Mastocytosis Highlighted at 2024 ASH Annual Meeting
- Breaking Music News: Taylor Swift Crowned Spotify's Global Top Artist of 2024!
- Rising Stars Romulus First Debuts Genre-Bending Album "Reality"
- Landmark Clinical Trial Results Offer New Hope for Kids with Acute Lymphoblastic Leukemia (ALL)
- 100 Films Retreat #7 Screens 15 Productions Representing All Seven of the World's Continents
- Food Security Champion for 2024