LOS ANGELES--(BUSINESS WIRE)--Acquicent, the marketplace for investing in museum-grade collectibles, today announced that Kevin Conroy, CEO of ConroyMedia and former director of Sotheby’s (NYSE: BID), has joined the company as an advisor and investor.
Acquicent allows investors to buy and sell shares in collectible assets such as classic cars and fine art while providing liquidity to owners of the assets, who retain custody, control, and majority ownership.
“There hasn’t been any real innovation in the portfolio choices available to investors for decades,” said Conroy. “Enabling the trading of shares in art, collectibles, and vintage automobiles – while significantly improving liquidity for the owners of these very valuable pieces of work – is by far one of the most exciting untapped opportunities I’ve encountered in my career.”
Conroy’s experience includes executive and governance roles in companies such as Fox, CBS, AOL, Univision, MGM, and Sotheby’s. He served on Sotheby’s board of directors from 2016-2019, was MGM’s president of digital from 2016-2018, Univision’s chef strategy & data officer from 2009-2016, and AOL’s EVP for product and marketing from 2001-2008.
“Bringing Kevin on board is a major strategic win for us,” said Anthony Citrano, founder and CEO of Acquicent. “The combination of his technology leadership experience and his years with Sotheby’s - one of the world’s largest homes of fine art and other collectibles – make him a perfect fit.”
The company recently began accepting investor applications for its beta program. It plans to conduct its first public offerings early this year.
Acquicent is the investing marketplace for museum-grade collectibles. Acquicent enables investors to buy shares in assets such as classic cars and fine art while providing owners of those assets with a liquidity option that lets them keep custody, control, and majority ownership. To learn more, visit https://acquicent.com.
This is not an offer to sell or a solicitation of any offer to buy any securities. Offers are made only by prospectus or other offering materials. To obtain further information, you must complete our investor questionnaire and meet all other suitability standards required by law.