Invaluable acquires Artmyn

The integration of Artmyn technology with the Invaluable suite of services will allow auction houses to provide collectors with a compelling way to document, authenticate, enjoy, and share physical art and collectibles, while also accessing blockchain and NFT technology and the digital metaverse. Over the next year, Invaluable will bring the Artmyn scanning capabilities within proximity of auction houses and collectors in leading global art centers, including New York, London, and Paris, making it easy to translate physical artwork to the digital world.

Artmyn revolutionized the online art viewing experience with its cutting-edge, patented scanner and technology, allowing art to be viewed at nanometer resolution across a range of light frequencies— including visible, ultraviolet, and infrared—on any device. This proprietary solution has dramatically changed how art is experienced, bought, and sold at auction, increasing transparency and buyer confidence as well as providing a new level of experiencing and sharing art. Beyond enabling interaction, the scanner generates a digital fingerprint and condition of a piece of art thereby ensuring the authenticity, security and transparency of the artwork. 

As the leading developer of SaaS and ecommerce applications for the auction industry, Invaluable provides auction houses, galleries and dealers with ecommerce and marketing solutions, as well as auction management software. Invaluable CEO Adam Kirsch remarks, “Artmyn is the fifth acquisition for Invaluable and its first in pursuit of art and the blockchain. Artmyn technology is the premier solution for authenticating artworks and delivering unique digital representations of physical artwork and NFTs. We are thrilled to welcome the Artmyn team and technology to the Invaluable family and to our network of auction houses and collectors around the world.” Founded in 1989 and headquartered in Boston, Invaluable also has an office in the United Kingdom.

(Press release / SK)