Arttoo will launch a real-world asset (RWA) art project based on the Sui blockchain. As a leading force in democratizing art ownership, Arttoo is transforming the high-end art market by building the financial infrastructure required for a decentralized on-chain art trading platform. By bringing masterpieces by iconic 20th-century artists such as Henri Matisse and Claude Monet to the Sui ecosystem, Arttoo will enable individuals to invest in and trade fragmented equity in these artworks.
Arttoo's strategic collaboration with the Sui Foundation leverages the strengths of the Sui ecosystem, including its seamless user experience and easy wallet registration through features such as zkLogin, which allows users to participate with just an email. This approach makes it easy for both institutional and individual art investors to participate. Sui's high-performance network provides the infrastructure for real-time, 24/7 trading of fragmented art ownership, solving one of the core challenges in traditional art investment.
Arttoo's founding team includes experts from the art market as well as veterans of the blockchain ecosystem. Christopher Min, founder of Arttoo and a multigenerational collector of 20th century art, said: "We are committed to developing an ambitious project on Sui that addresses important real-world challenges by bridging the gap between the art world and the Web3 community. The project will foster collaboration, drive innovation, and create a shared platform where artists and Web3 enthusiasts can come together to inspire, learn, and build a sustainable future through the power of creativity and decentralized technology."
Jameel Khalfan, Sui Foundation’s Head of Ecosystem Development, highlighted the innovative potential of decentralized ownership in the art world, saying: “Arttoo introduces a whole new on-chain art use case for Sui, making iconic masterpieces more accessible through sharded ownership. This project expands the scope of public and market access to art and highlights the transformative potential of decentralized ownership. I look forward to seeing more people interact with art in this innovative way.” His remarks highlighted Arttoo’s key role in promoting the democratization of art, enabling more people to participate in the appreciation and investment of high-value artworks.
Arttoo recently completed an angel round of financing led by Formless Capital. Cecilia Li, founder of Formless Capital, said: "I am very pleased to see the strategic cooperation between Sui Foundation and Arttoo. This cooperation reflects our commitment to bridging the gap between real-world assets, digital economy, art and culture. Arttoo not only enhances art
The world’s accessibility and ownership also aligns with our vision to empower innovative solutions and redefine cultural experiences through the future of blockchain technology.”
About Arttoo
Arttoo is building a cultural layer based on Sui, focusing on tokenizing real-world assets (RWA) of modern art. With the power of the Sui blockchain, Arttoo enables fragmented ownership, making art more accessible while providing flexibility for art investors. Through an expanding collection of important 20th century modern art collections, Arttoo is working to democratize the art market and build a cultural foundation for the decentralized Internet.
Arttoo official website https://arttoo.co.uk/
Arttoo Contact Information
MJ Zhou
Chief Marketing Officer, Arttoo
mjzhou@arttoo.network
About Sui
Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the ground up to provide fast, private, secure, and accessible digital asset ownership to everyone. Its object-oriented model based on the Move programming language supports parallel execution, sub-second confirmations, and a rich set of on-chain assets. With horizontally scalable processing and storage capabilities, Sui supports a wide range of applications at unparalleled speed and low cost. Sui represents a leap forward in blockchain, providing creators and developers with a platform on which to build great user experiences. For more information, visit: https://sui.io.