Christie's Launches Venture Arm Led by Seattle's Devang Thakkar to Invest in Web3 and Art Tech Startups

Christie's has launched a new venture capital arm to fund early-stage tech startups in Web3, fintech for the art market, and AR/VR art experiences, led globally by Seattle-based Devang Thakkar. This move follows the auction house's notable involvement in NFTs, including facilitating Beeple's $69.3 million sale, amid a cooling NFT market now seen as an opportune investment period.