Galaxy Digital EOS VC Fund recently led funding round for Verisart, a company that certifies art authenticity through blockchain technology. The funds will be used to further expand Verisart's products and services and ultimately enable the company to launch them faster.
Apparently Verisart was founded a few years ago, it's the first company to apply blockchain technology on physical art and collectibles market and they are currently working with some of the world best known artists, such as Shepard Fairey, American contemporary street artist and founder of OBEY Clothing.
"Hope" Shepard Fairey
"With this new round of funding, we’re able to scale our business and ramp up our partnership integrations. The art world is quickly realizing that blockchain provides a new standard in provenance and record-keeping and we’re looking forward to extending these services to the industry." - Robert Norton, Verisart Co-founder and CEO