Toronto, Canada, December 5th, 2024
Premier Art Holdings Ltd., a leader in fine art investment, and Chintai, a compliance-focused Layer-1 blockchain platform for tokenizing real-world assets, have partnered to launch the first $50 million tranche of tokenized fine art for The Premier Art Token (TPAT).
Premier Art’s Platform, built using Chintai’s white-label tokenization technology, empowers investors to own and trade fractionalized tokens of what is anticipated to become a cumulative multi-billion dollar asset portfolio of fine art, unlocking liquidity and broadening access to a traditionally exclusive and illiquid asset class.
Unlocking Liquidity in an Illiquid Asset Class
Historically, fine art can be a reliable store of value, but due to its high cost, it is accessible only to the ultra-wealthy.
Premier Art Holdings and Chintai are changing this dynamic with the introduction of TPAT, allowing investors to trade fractional tokens of a curated portfolio of fine art masterpieces. This initiative makes one of the strongest-performing asset classes accessible to a broader audience.
Art as a Proven Store of Value
Fine art has historically delivered inflation-adjusted returns that outperform traditional assets, like equities and government bonds.
Even during economic instability, fine art can remain a stable store of value, ideal for diversification and long-term growth. TPAT offers investors fractional ownership of a curated portfolio of masterpieces with substantial return potential as the portfolio appreciates.
Details of the Offering
The initial tranche will be $50 million, marking the initial phase of this innovative program, with additional tranches planned for the future.
Initially, TPAT tokens will be available exclusively to accredited investors. The pre-sale is scheduled for December, with public trading to follow.
About Premier Art Holdings Ltd.
Premier Art Holdings Ltd. is dedicated to democratizing fine art investment through the tokenization of prestigious artwork collections into one cumulative Asset Portfolio that will be exhibited to the viewing public.
About Chintai Nexus
Chintai is redefining finance through its compliance-focused Layer-1 blockchain platform for tokenizing real-world assets. Chintai technology is purpose-built for institutional-grade tokenization of real-world assets. Its fully customizable white-label technology empowers financial institutions and SMEs to develop tailored digital asset solutions that support every phase of the trade lifecycle.
Powered by the innovative CHEX token, the Chintai platform combines the advantages of blockchain with the familiarity of a traditional investment experience. Projects can use Chintai’s blockchain as a service suite to create digital assets uniquely tailored to their business goals.
Contact
Mr
Jamie Kingsley
Chintai
j.kingsley@theprgenius.com
Disclaimer: Press release sponsored by our commercial partners.