TESSA

Issuer and operator of art-backed investment contract securities
50 artworks offered, with 20 taken through sale and settlement
TESSA issues and operates investment contract securities backed by global blue-chip artworks. We run every stage of the security ourselves: asset diligence and custody, offering structure, subscription and register management, sale and settlement. Investor deposits are held separately in real-name accounts at partner financial institutions. Since launching in April 2020, TESSA has reached 130,000 registered users and completed offerings for 50 artworks with a combined offering value of KRW 33.1 billion, as of October 2024.
Track record (as of October 2024)

Total offering amount
33.1
billion KRW

Number of artworks offered
50
artworks

Number of artworks sold
20
artworks

Artists offered

Artists whose works TESSA has taken to offering.


David Hockney
David Hockney

Andy Warhol
Andy Warhol

Demian Hirst
Demian Hirst

Alex Katz
Alex Katz

Kaws
Kaws

U-Fan
U-Fan

Marc Chagall
Marc Chagall

Takashi Murakami
Takashi Murakami
The issuance and operations framework built running TESSA became the foundation of IXO and IXTO.