art-investing
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Otis made a stock market out of things you love
A Banksy, a pair of Jordans, a comic book: Otis turned objects of desire into investments sold by the share. Public bought the company in 2022, taking its experiment in cultural ownership to a larger audience.
Masterworks
Masterworks is a New York fintech that lets everyday investors buy fractional shares in multimillion-dollar blue-chip paintings by artists such as Basquiat, Picasso, Warhol and Banksy. Founded in 2017 by serial entrepreneur Scott Lynn, the company buys individual artworks, registers each as a public offering with the SEC, and sells shares for as little as $20, then holds the work for several years before selling it and distributing proceeds. It reached unicorn status in 2021 after a $110M Series A and has grown to more than one million members.