Mintus chief executive Tamer Ozmen joins Proactive's Stephen Gunnion to discuss the fractional art investment platform's proposition for qualified investors, who can now own a portion of an artwork that was previously unobtainable.
Ozmen pointed out that art, as an alternative investment, has outperformed the US's S&P500 index, as well as precious metals including gold and silver, since 1986.
Mintus launched with $8mln of paintings six months ago and plans to add a further $76mln of artworks to its platform this year. Ozmen said the company has a very unique investment selection process, which sets it apart. Andy Warhol and George Condo are among the artists Mintus launched with.