Christie's launches venture fund, makes first investment in web3 company

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The auction house's VC arm made its nvestment will be in a blockchain interoperability startup called LayerZero Labs.

The first investment will be in a blockchain interoperability startup called LayerZero Labs.

The new fund, called Christie's Ventures, will initially focus on three areas: web3 innovation, financial technology related to art, and other solutions that"enable seamless consumption of art," according to a statement from the company. "We will focus on products and services which can solve real business challenges, improve client experiences, and expand growth opportunities, both across the art market directly and for interactions with it," Devang Thakkar, Global Health of Christie's Ventures, said in a statement.auctioned off

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines