Royal Museum of Fine Arts Antwerp tokenizes million-euro classic masterpiece
-The Royal Museum of Fine Arts Antwerp (KMSKA) has tokenized investment in fine art for the first time.
-The painting “Carnaval de Binche” is the first piece of art to be tokenized.
-The venture is a joint effort between KMSKA, Tokeny and blockchain art entity Rubey.
-The goal of the collaboration is to lower the investment barriers to entry and enable everyday users to become co-owners of expensive fine art pieces.
-The tokens are backed by debt instruments and are ERC-3643 compliant.
-Tokeny’s tokenization APIs were used to issue and manage securitized tokens in a regulatory-compliant manner.
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