Titled “Girl with a beret”This 65 by 54 cm oil on canvas, dating from 1964, is estimated at 4 million Swiss francs ($ 4.25 million), the Zurich bank said in a statement.
It will be put on sale in collaboration with the American fund Artemundi, specialized in investments in art.
Its sale through blockchain technology should allow investors to buy parts of the fabric but also, as in the Stock Exchange, to negotiate and trade them in a secondary market, where sellers and buyers will be put in contact via Sygnum.
The shares will go on sale with a minimum price of 5,000 Swiss francs ($ 5,540)., says the bank, which insists that the establishment is regulated by Finma, the market surveillance authority in Switzerland.
It will be put on sale in collaboration with the American fund Artemundi, specialized in investments in art.
Its sale through blockchain technology should allow investors to buy parts of the fabric but also, as in the Stock Exchange, to negotiate and trade them in a secondary market, where sellers and buyers will be put in contact via Sygnum.
The shares will go on sale with a minimum price of 5,000 Swiss francs ($ 5,540)., says the bank, which insists that the establishment is regulated by Finma, the market surveillance authority in Switzerland.
Transactions will be made in Swiss francs via Sygnum-issued tokens, which are more stable forms of digital currencies, backed by a large coin.