"Connecting Artists and Investors Worldwide"… EverTreasure Secures Seed Investment

MoneyToday | Reporter Choi Taebeom

EverTreasure, the operator of the art investment and networking platform "YEATU," announced on the 12th that it has secured seed funding from Y&Archer.

Founded in April of last year, EverTreasure plays a vital role in connecting artists across various art fields with global investors. The platform offers artists opportunities for income generation and entry into international markets, while providing investors with new avenues for investment.

EverTreasure allows investments not only in completed works for physical trade, rental, or exhibition but also in the future earnings potential of artists. Profits generated from artists, art content, and projects are shared with investors in the form of dividends.

In addition to physical artworks, EverTreasure also offers digital art services, creating diverse ways to enjoy and invest in art. The platform expands collaboration opportunities through a global arts community network, connecting various art projects and artists worldwide.

EverTreasure’s mission is to provide struggling artists with opportunities to become the next "Vincent van Gogh" of their time and to foster cultural exchange worldwide through a modern Renaissance era of global networking.

With this investment, EverTreasure plans to advance its AI-based artist valuation system and accelerate its global expansion. CEO Everine Jo remarked, "We aim to create a new paradigm in the global art market that seamlessly and transparently connects artists and investors worldwide."

Director Lee Sun-mi of Y&Archer commented, "EverTreasure is an innovative service that focuses on the value of artists themselves beyond the value of art content. By providing financial support to artists across various fields, including visual and performing arts, we aim to contribute to a healthy global art ecosystem."

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https://news.mt.co.kr/mtview.php?no=2024091215061187384