Follow us on or join ours

Signum Bank and Artemundi teamed up to get together tokenize obraz Picasso Fillette au beret. For the first time in history, ownership of a work of art has been transmitted to a public blockchain by a bank, giving investors the ability to buy and sell stakes in works of art, known as Art Security Tokens (AST).

Cooperation between Sygmum Bank and Artemundi is a breakthrough for the art market

The art market is quite a specific area. Its opening up to tokenization it marks the beginning of a completely new era - thanks to it, access to works of art will be democratized. One of them is Picasso's painting Fillette au beret, the tokenization of which is the fruit of collaboration Sygm Bank z Artemundi, a pioneer in the field of investment in the arts.

Thanks to technology blockchain the global art market will open up to a wide range of new investors. The tokenization of Picasso's work means important changes for the art market. By turning it into a bank-class marketable blockchain security, such as SyngEx Sygum Bank, for example, it allows buyers and sellers to establish direct relationships, eliminating the need for intermediaries. As a result, not only are transaction costs reduced, but also greater transparency of the entire industry is provided.

4 tokens issued by Sygum Bank

Participation in the Fillette au beret was valued at CHF 5 million. The tokens can be subscribed via the Sygum Bank electronic platform - the minimum permitted subscription is CHF 000. Transactions will be settled in Swiss francs, using digital stablecoina Signature (DCHF). The sale of tokens takes place on the digital transaction platform Sygum.

Full compliance with the law

Having the status of a regulated bank, Sygum Bank bases each token issue it conducts on solid legal grounds. At the same time, it provides comprehensive services, from the first issue, to billing and storage, and ending with secondary trading. The Picasso work's tokenization project also guarantees legal ownership. Representing tokens Fillette au bere they are fully compliant with Swiss regulations, which provides investors with a high level of security.

5 / 5 - (5 votes) is a cryptocurrency site run by a crypto team of enthusiasts. The main area of ​​our interest are cryptocurrencies, tokens, personal tokens as well as blockchain technology. On the pages of our website we will present independent cryptocurrency reviews and interesting articles from the market. In addition, we present the current rates of all critics. The site also has a multi-functional cryptocurrency calculator as well as traditional currencies.

The information published on the cryptocurrency website are not financial recommendations and do not constitute investment recommendations within the meaning of the Regulation of the Minister of Finance of 19 October 2005 on information being recommendations regarding financial instruments, their issuers or issuers (Journal of Laws of 2005, No. 206, item 1715). The information published on the pages of the portal does not constitute an offer. is not responsible for any decisions taken under the influence of data presented on the Website. Portal does not bear any responsibility for the possible use of information on the website.

Investments in OTC market instruments, including currency exchange rate (CFD) contracts, due to the use of the leverage mechanism, entail the possibility of incurring losses exceeding the value of the deposit. It is not possible to make a profit on transactions on OTC instruments, including currency exchange contracts (CFDs) without risking a loss, therefore contracts for exchange differences (CFDs) may not be suitable for all investors.

© Copyright 2019

My Newsletter

Sign Up For Updates & Newsletters