What does Masterworks do?

Masterworks is a fintech platform founded in 2017, based in New York City. The company democratizes access to the high-end art market by allowing retail investors to purchase fractional shares of multimillion-dollar artworks. By securitizing physical art and registering it with the U.S. Securities and Exchange Commission, Masterworks lowers the investment barrier to as little as $20 per share. The platform offers a range of services, including art selection and acquisition, secure storage, and a secondary market for trading shares. Masterworks focuses on acquiring works from renowned "blue-chip" artists like Banksy, Pablo Picasso, and Andy Warhol. With a user base of over 70,000 to 800,000 active investors and assets under management exceeding $900 million, Masterworks has established itself as a significant player in the art market. The company provides educational resources and tools to help investors manage their portfolios effectively.