Tag: Market
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Brix raises $5.5M to support the tokenisation of emerging market assets
Brix, a fintech platform focused on bringing emerging market financial assets on-chain, has raised $5.5 million in a funding round. The round included participation from global financial institutions and Web3 investors, including FRWRD Ventures, Circle Ventures, ConsenSys, Webrazzi Ventures, Borderless Capital, and Paribu Ventures. Angel investors Kemal Kaya, Fevzi Güngör, and Sertaç Özinal also participated. read more
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Monzo to exit US market
Monzoisclosing its US banking operations after struggling to gain traction in the market, and will instead focus on its core UK and European business. The UK digital bank, famed for its bright coral cards, will stop onboarding new customers and lay off about 50 employees in the US, according to a report in Bloomberg. US read more
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After Two Years of Decline, the Art Market Edges Back to Growth, Says 2026 Art Basel UBS Report
The global art market clawed its way back to modest growth in 2025, reaching an estimated$59.6 billion in sales, according to the latestArt Basel and UBS Art Market Report, by economist Clare McAndrew of Arts Economics. The total represents a4 percent increase from the previous year, breaking a two-year slide in sales—though the market still read more
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At Making Their Mark Forum, Art Figures Debate Gender Inequities in the Market and the Museum
Four years ago, when Komal Shah conceived a forum to celebrate female artists and address enduring gender inequities in the art world, she thought she’d be convening attendees in Washington, D.C., in the glow of Kamala Harris’s White House. Instead, the forum took place against a political backdrop openly hostile toward diversity in the arts. read more
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The US Art Market Is Stabilizing—but It’s a Different Market Now, Per New Bank of America Report
The US art market showed signs of life in 2025. Auction sales rose 23 percent from the previous year to about $3.17 billion, according toa new reportfrom Bank of America and the analytics firm ArtTactic. But the rebound did not come from a surge in demand. Instead, it was driven largely by major estate consignments, read more
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Thema secures $6.2M to support mapping of market expansion opportunities for private equity
London-based Thema has secured $6.2 million to address gaps in how private equity firms assess portfolio risk and plan expansion strategy amid shifting software market valuations. The total includes $4.5 million in pre-seed funding from a round led by Stride.vc, with participation from KDX, Capital Allocators, and angel investors with backgrounds in private equity, investment read more
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Newsmakers: Enzo, a Small Art Fair, Could Have a Big Impact on the LA Market
Editor’s Note:This story is part ofNewsmakers, an ARTnews series featuring conversations with the figures shaping how the art world is changing right now. This year sees the introduction of two new major fairs: Art Basel Qatar earlier this month and Frieze Abu Dhabi in November. Those enterprises will almost certainly have an important impact on read more
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US Supreme Court Strikes Down Trump Tariffs That Had a Tumultuous Effect on the Art Market
Last year was marked by the uncertainty and disruption of President Donald Trump’s sweeping tariffs, which caused tumult in the art market. Now, just over a year after Trump signed executive orders imposing tariffs on major US trading partners Canada, Mexico, and China, the Supreme Court ruled to to strike down most of them. In read more
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See Frank Lloyd Wright’s Circular Sun House on the Market for $8.8 M.
Frank Lloyd Wright’s so-called Circular Sun House—the last design completed by the famed architect before his death in 1959—is up for sale for $8.8 million. The look is sleek and futuristic, with consummate rhythm and flow. The setting is a hilltop in Phoenix that offers breathtaking views of Palm Canyon and the sun-streaked city below. read more
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Art Market Sentiment Is Up for 2026, But the Recovery Has a Very Specific Shape
The art market is heading into 2026 in a better mood than it’s been in years, according to a newGlobal Art Market Outlookreport from research firm ArtTactic. After a long hangover following the 2022 peak, confidence is back, selectively, cautiously, and with clear favorites. More than half of art market participants now expect the market read more
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Stoïk raises €20M to strengthen its position in the European cyber risk market
Paris-based Stoïk has completed a €20 million Series C funding round co-led by Impala, which joins as a new investor, and Opera Tech Ventures, an existing investor. Current investors Alven and Andreessen Horowitz also participated in the round. Stoïk is a European insurtech focused on cyber risk coverage for companies with revenues of up to read more
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Evertrust secures €10M to accelerate expansion in Europe’s digital trust market
French cybersecurity software vendor Evertrust has closed a €10 million Series A round from the fund Elephant, which will support the company’s growth strategy, including team expansion, product development, and international scaling. Founded in 2017 by Kamel Ferchouche (CEO), Jean-Julien Alvado (CTO) and Étienne Laviolette (COO), Evertrust has evolved from a digital trust consulting firm read more
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