TESSA

TESSA is an innovative investment platform that aims to democratize art investment and ownership, making iconic masterpieces accessible to a wider audience with ease and transparency. Founded in 2019, the platform allows approved "micro-collectors" to co-own shares of carefully selected blue-chip artworks by artists such as Warhol, Picasso, Kusama, and Basquiat. These artwork shares are represented digitally on a public blockchain, offering the ease and liquidity typically found in public markets. TESSA facilitates the purchase, sale, and trade of fractionalized ownership interests in high-value artwork, handling all maintenance and administrative tasks related to the art pieces. The company also showcases and promotes the artworks to enhance their value and public visibility within the Design, Financial Services, Fintech, and Trading Platform industries. The platform ensures transparent and secure management of ownership certificates, transaction histories, and transfer statuses through its blockchain network and trusted third-party service providers. TESSA recently secured a KRW4.50B Corporate Round investment on December 9, 2022, with Kyobo Securities as the primary investor. This latest investment will likely fuel TESSA's expansion and solidify its position as a leading player in the art investment and ownership space.