Aiming to make ownership of museum-quality fine art more widely accessible, bidding platform aShareX Inc. will hold its first auction on Aug. 30 in partnership with Bonhams. The Westwood-based company, which stands for Art Share Exchange, said its focus on fractional ownership lets bidders diversify their portfolios and invest in valuable artwork even if they don’t have the money to purchase it as the sole buyer.
A deep dive into the fundamentals of art-debt investing, focusing on the questions investors should ask as they consider these investments as a way to earn passive income.