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Bridging the Gap: AllianceBlock and ARTBANX Partner To Bring Art-Backed Financing to Web3

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Today, AllianceBlock, building seamless gateways between TradFi and DeFi through decentralized and trustless infrastructure, announces a strategic partnership with ARTBANX, the world’s most comprehensive, customizable and secure collection management system for collectors, art professionals and financial institutions.

This partnership between AllianceBlock and ARTBANX is a first of its kind in the market and is another milestone in bridging the gap between Traditional Finance (TradFi) and Decentralized Finance (DeFi).

ARTBANX’s art collection management, market data and financing infrastructure enable art to become a bankable asset class, which will be expanded with a marketplace built on blockchain technology. AllianceBlock, with Nexera Protocol’s infrastructure and NexeraID’s identity management toolkit, will allow the tokenization of physical artworks and facilitate a marketplace for art. This unlocks more possibilities for art collectors by allowing them to access the liquidity of their physical art through a platform for real-world asset-backed financing with physical artworks as collateral. This further opens up more opportunities for the art community to provide liquidity and opens up the ARTBANX marketplace to a broader Web3 audience.

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