Rally raises $17M to broaden a platform that lets you invest in (however not purchase) antiques
When individuals ponder the investment opportunity around antiques, they probably consider things like wine auctions, sales of really pricey, old automobiles or baseball cards, or possibly a pocket watch that made a not likely look on an antiques TELEVISION show, hoping that their piece of treasured tat might one day also be worth millions. But [ …] Rally’s investment is coming from a fascinating group of backers, both monetary and tactical.”We want to have a front-row seat in the alternative investment space, and Rally is the ideal partner, as the average investor on Rally is just 27 years old, we will be able to increase our engagement with more youthful target groups.”I have actually been investing in collectibles on Rally for almost two years. Under Rally’s design, Petrozzo stated that the consigner keeps “ownership” of the collectible, the concept being that if the owner decides to sell it, it’s reached a new evaluation by method of Rally’s trading platform. …
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