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

Cointelegraph

Published Apr 22, 2019 07:40PM ET

Updated Apr 22, 2019 08:02PM ET

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.

Continue Reading on Coin Telegraph