Art is being increasingly considered an asset and it’s not hard to see why. Here are some of the main characteristics of this investment type: to begin with, it is of high risk and transaction costs, it is also illiquid and distinctly dependent on what’s trending and current public preferences. But this should not discourage you because the latest news on art investment is very promising! First and foremost, there is evidence of long-term increase in the appreciation and apprehension of the market of collectibles, which has sparked interest in the collection and investment of art. Bear in mind art can be profitable in the long run because it is an asset with a store of value that tends to produce rewarding returns. Its dissociation with any connotation of bonds or stocks is another beneficial quality because it allows for the diversification of your financial portfolio. Art investment has gained quite the foothold, seeing as a variety of collectible investment instruments have been created and dedicated to it, as well as multiple initiatives aimed at promoting it all over the world. What’s more, art as an asset has found a place among financial institutions such as art advisory and art lending just to name a few. Last but not least, the art market is consistently proving its transparency to its clients - by making use of innovative technology - like the AI-based algorithm on Artsted.