The Financialization of Art: Trends and Implications

This chapter examines the growing trend of art secured lending and its implications for the art market, highlighting significant financial figures from major auction houses. It discusses the role of innovative financial products and third-party guarantors, as well as the complexities of valuing modern art amidst speculation. Additionally, it explores the intersection of art valuation with technological advancements, drawing parallels to cryptocurrency and challenging traditional perceptions of value.