REYL Intesa Sanpaolo acts as paying agent to ARTEX through its Asset Services business line

Asset Services, REYL Intesa Sanpaolo’s business line responsible for its institutional client base, acts as paying agent to ARTEX, a Liechtenstein-based multilateral trading facility, active in art-related investment opportunities.


Co-founded by Prince Wenceslas of Liechtenstein and Yassir Benjelloun-Touimi, ARTEX aims to create an ecosystem around art, whether it be from the point of view of investment or the visibility of pieces. Through exchange listings and by splitting the price of artworks into shares with an issue price from 100 euros, this financial model paves the way for the development of a new asset class, now accessible to millions of investors.


REYL Intesa Sanpaolo's business agility enabled it to serve ARTEX in this exciting project by offering a wide range of solutions to support the operation as paying agent such as the creation of ISIN and shares at SIX, delivery of the company's shares to the bookrunners, and operational coordination of the initial offer with the client and the depositary. The team of experts benefitted from cross-functional resources, drawing on the skills of the entire Group through its 360-business integrated model.