British art and luxury auction house Christie’s has launched a venture fund called Christie’s Ventures to invest in technology startups related to the art market, Christie’s said in a statement.
The Fund will focus on three industries: Web3 next-generation Internet, financial digital art products, and solutions that enable seamless transactions for art objects.
Christie's plans to invest at least several million dollars in various startups in the coming weeks.
The first company that has already received an investment from Christie's Ventures is the Canadian LayerZero Labs, a developer of technology for transferring digital assets through various blockchains.
According to CB Insights, investment in tech startups in the second quarter of 2022 was down 23% compared to the first quarter. The drop came against the backdrop of a general downturn in the IT sector due to uncertainty in the economic forecast.
On August 23, 2022, RB.RU will hold Speed Dating in Moscow, where startups creating products and services in the field of creative industries will personally present their projects to investors. Take part.
Author:
anastasia mariana
Source: RB
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