First SEC clearance for securities for fractional art investment opens Andy Warhol’s artwork for all

First SEC clearance for securities for fractional art investment opens Andy Warhol’s artwork for all

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When people are constantly seeking opportunities to secure their money in a frenzied market, how many of them would consider investing in fine art? Even more so, how many of them thought about it, but are being left out of this close circle because of its high barrier to entry?

According to DollarSprout, art consistently delivers average returns of 7.6% and, because it is unaffected by how the financial markets are performing, is a much more stable investment.

When it comes to fine art, the velvet rope is still raised too high for average retail investors, depriving them of the chance to engage in an investment category that has outperformed the S&P 500 over the last 25 years, and is often insulated from broader market fluctuations.

Freeport Brings Tokenized Fine Art Platform, Democratizing Access for Investors

Freeport, a platform and community gallery for tokenized fine art, has completed its Reg A review with the US Securities and Exchange Commission. The platform will offer tokenised equity in blue-chip fine art to everyday retail investors.

Its first collection consists of four prints of works by Andy Warhol, limited to 1,000 lots each. Waitlist members will gain first access to the artwork. Each piece consists of 10,000 shares, with a minimum of 10 per individual.

Freeport’s platform is built on the Ethereum blockchain and is designed to enhance asset ownership with seamless coalescence of the physical and digital worlds.

The platform offers an immersive visual experience for users to engage with their own and others’ art in a digital-gallery environment. Customers can display their pieces in a high-resolution personal gallery, select frames and view other community members’ galleries, with rich social interactions that include comments and likes.

Freeport is the pioneering platform for fine-art fractional investment, opening tokenised works of art in the form of an SEC-authorized security token.

Freeport’s platform facilitates experiences where community members can interact with the pieces they invest in.

“Fractionalised art is increasingly being sought after by a younger, yet less financially flexible, class of investors,” said Colin Johnson, CEO and co-founder of Freeport.

Freeport’s platform offers more than just fractionalising shares of fine art into security tokens, and the company aims to redefine the ownership experience surrounding fractionalised art. Completing the Reg A review with the SEC paves the way for Freeport to launch its platform in April.

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