ZoomART Foundation (Headquarters: Panama City, Panama; Representative: Julia Martinez) is thrilled to announce a strategic partnership with Japan-based between the arts Co., Ltd. This collaboration aims to unlock new applications for Real World Asset (RWA) tokenization within the art industry and to drive the creation of a new market through ZoomART’s platform.
Background of the Partnership
ZoomART Foundation is dedicated to advancing the RWA tokenization of art assets, enabling collectors to make effective use of their art investments while enhancing the long-term value of their collections. This partnership with between the arts leverages their expertise in art management and data provision, particularly in the Japanese market, to further reinforce our RWA strategy.
between the arts operates the collection asset management service “COLLET,” which supports the smart management of various collection assets, such as art, watches, and wine. Given the increasing attention on “collection assets” as high-growth investments, COLLET has achieved significant growth, currently managing over 36,000 registered collection items with a total market value exceeding 60 billion yen (approx.).
Partnership Details
Through this collaboration, ZoomART Foundation will focus on RWA tokenization projects that enhance the value of art assets. between the arts will contribute to preserving the condition and asset value of art, especially for Japanese works, by providing foundational data and valuation criteria. Planned joint projects and services include art RWA tokenization, lending, staking, and shared ownership, with both companies aiming to introduce new standards for art evaluation in the digital asset space.
About between the arts
between the arts is a Japanese company offering collection asset management and art management services. They operate “COLLET,” a collection-focused asset management platform, and “Art Warehouse,” an art management subscription service. With its extensive experience in managing high-value collections, between the arts supports the ecosystem by providing expertise in collection portfolio development and real-time valuation using global auction data.
Expected Impact and Outcomes of the Partnership
This partnership is expected to deliver comprehensive property and asset management for art pieces, enhancing sustainability for collectors. By collaborating, ZoomART Foundation and between the arts aim to offer innovative methods for managing art as a long-term asset, reinforcing its cultural and financial value.
Future Plans
Looking ahead, ZoomART Foundation and between the arts plan to expand RWA tokenization to collections held by art collectors, corporations, museums, and cultural institutions, including shrines and temples in Japan. Over time, this collaboration will contribute to cultural preservation by safeguarding valuable cultural assets and facilities.
About ZoomART Foundation
ZoomART is an RWA (Real World Asset) project issuing tokens backed by art-centered collections. By collaborating with art storage facilities, particularly across Asia, ZoomART supports long-term asset management, facilitating the tokenization of collections through NFTs for owners committed to retaining their collections over time.
Tokens issued by ZoomART are managed within an ecosystem centered around collectors, art storage facilities, and partners, aiming to increase the sustainable value of collections for the long term.
Company Overview of ZoomART Foundation
Company Name: ZoomART Foundation
Location: 50th Street, P.H. Plaza 2000, Floor 17th, Panama City, Republic of Panama
Representative: Julia Martinez
Founded: May 4, 2023
Business: Issuance of RWA tokens