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Early Spotify Investor Contributes to Blockchain Art Registry in $7 Mln Funding Round

Published 04/22/2019, 07:40 PM
Updated 04/22/2019, 08:02 PM
Early Spotify Investor Contributes to Blockchain Art Registry in $7 Mln Funding Round

The blockchain-based art registry startup Artory has reportedly raised over $7 million in Series A funding round from an early Spotify investor among others. The development was announced by art-focused publication the Art Newspaper on April 22.

Artory — ledger of which enables users to trace provenance and title data, as well as record sales of works of art — has reportedly secured $7.3 million from a group of investors, including private investing firm 2020 Ventures, which backed Swedish audio streaming platform Spotify, American logistics company Postmates, and luxury goods resale platform The RealReal.

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