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Artmarket.com: Artprice looks at 2023’s NFT auction market, and the 50 most successful digital artists, a promising future with the record for cryptocurrencies in ETFs on Wall Street
PARIS, March 12, 2024 /PRNewswire/ — The year 2023 started with the first acquisitions of NFTs by museums and ended with another bull run on the stock markets and the main cryptocurrencies.
The major event in cryptocurrencies is notably BlackRock’s (the largest asset manager in the world) and Fidelity’s introduction of ETFs directly invested in Bitcoin (Bitcoin spot ETFs) authorized by the SEC on 11 January 2024. This is a real consecration for Bitcoin which on 11 March 2024 was quoted at around 72,000 dollars, while Ethereum was at $4,000 (ETH ETFs are expected very soon).
BlackRock and Fidelity have achieved the best ETF launches in 30 years thanks to Bitcoin. In their first month of trading, the “IBIT” and “FBTC” funds raised $6.5 billion, which is more than any of the 5,500 other index funds launched before them (according to Les Échos of 10 January 2024: “Bitcoin ETF: the SEC opens the doors of Wall Street wide to Bitcoin”.
This is a new record for Bitcoin. Of the 5,535 ETFs launched over the last thirty years, none have gotten off to such a strong start as BlackRock’s ‘IBIT’ and Fidelity’s ‘FBTC’, said Bloomberg expert Eric Balchunas.
This Monday, March 11, 2024, a Bloomberg report (by Tom Metcalf & Emily Nicolle) announces “The London Stock Exchange said it will start accepting applications for the admission of exchange traded notes backed by Bitcoin and Ether” in the second quarter, confirming London as the capital of cryptocurrencies on the European continent.
This allows retail and professional investors to gain exposure to the largest cryptocurrency by market capitalization, without having to directly hold the asset.
Via cryptocurrencies, new collectors and art enthusiasts have been attracted to the art market, often younger than their predecessors. Not averse to speculation and the excitement of taking risks, these art enthusiasts and collectors solidly welded to their crypto-universe of Web 3.0.
The near future of Artprice by Artmarket is the meeting place between Web 3.0. (Metaverse and NFT) and Artprice’s artificial intelligence, its Intuitive Artmarket ® AI.
The 2023 period in NFT auctions, significantly less speculative than the two previous years, allowed Digital Art to finally settle peacefully in the international cultural and economic environment. As the NFT market consolidates, Artprice draws up a summary of the transactions on NFTs hammered in auction rooms in 2023, dominated by Sotheby’s, but which finished with Christie’s “Next Wave” sale on the sidelines of the Art Basel Miami Beach fair.
Monthly evolution of proceeds from public NFT auctions
Infographic – https://mma.prnewswire.com/media/2360542/NFT_auctions_1_Infographic.jpg
“Artprice by Artmarket.com recognizes in Digital Art – whether via NFTs or Artificial Intelligence – a revolution that it would be infinitely better to support and accompany than to reject or denigrate“, affirms thierry Ehrmann, CEO of Artmarket.com and Founder of Artprice.
“Artprice subscriptions will soon be able to be paid in ETH and BTC, and our databases have already been adapted to accommodate these two cryptocurrencies. We are very proud to support digital artists with the opening of our Standardized Marketplace to NFTs. Furthermore, we acquired and presented the works Flow (2023) by digital artist Josh Pierce on the cover of our latest Annual Report of the Contemporary Art Market in 2023 and the NFT work Chaos under the pure light by artist 1dontknows for our Annual 2023 Art Market report published in 2024.”
Annual Report of the Contemporary Art Market in 2023:
https://imgpublic.artprice.com/pdf/le-marche-de-lart-contemporain-2023.pdf
https://imgpublic.artprice.com/pdf/the-contemporary-art-market-report-2023.pdf
Annual 2023 Art Market report published in 2024:
https://imgpublic.artprice.com/pdf/le-marche-de-lart-en-2023.pdf
https://imgpublic.artprice.com/pdf/the-art-market-in-2023.pdf
This NFT paradigm shift is well explained in the ARTE documentary, recently released in 5 languages: “NFT, Chaos in the art world”
https://www.youtube.com/watch?v=_08d_1oY-Lo
Throughout this documentary, thierry Ehrmann, visual artist, NFT artist and Founding CEO of Artprice.com, delivers his analysis accompanied by other artists, experts and international players in the world of Art NFTs.
Any attempt to understand the significance of NFTs in Art History requires an appreciation of the digital and cultural revolution that they represent and some kind of prediction regarding their role and impact over the short and medium term.
According to thierry Ehrmann “In its various annual reports on the Art Market and the regulated information it publishes as a listed company, Artprice by Artmarket.com has always said with regard to NFTs that it is impossible to apprehend this new market without a true understanding of Blockchain, crypto-currencies and their cultural origins among the Cypherpunks (period of PGP-type data encryption at the beginning of the 1990s).”
Bearing in mind all the underlying parameters and data required, Artprice by Artmarket is the only organization on the global art market to be able to truly respond to the certification of primary issues of Art NFTs in an environment of cryptocurrencies and major international currencies.
In 2024, Artprice will be uniquely positioned in its capacity as a certifier of primary issues of Art NFTs based on the fact that Artprice by Artmarket has been the Global Leader in Art Market Information for more than 27 years and is the creator and owner of its globally recognized databases. It also has the world’s largest documentary collection of art market notes, manuscripts, codices and annotated sales catalogs from 1700 to the present day, which act as a guarantee of the authenticity and historical veracity of its databases.
1. Auctions of NFTs in 2023: key figures
– 350 lots sold
– 53 unsold lots (13% of lots)
– 32 sales sessions dedicated to or including NFTs
– 259 distinct artists
– $22.7 million in turnover (including fees)
– +65% growth compared with 2022
– 0.2% of global fine art turnover
– $1.9 million worth of NFTs sold per month on average
– 6 active auction houses
– 82% of the turnover generated by Sotheby’s ($18.4 million)
– $10.9 million total from “Grails: Property from an Iconic Digital Art Collection Part II” sale at Sotheby’s on 15 June 2023
– Minimum price: $126 for Ghost Sphynx (2023) by Asa Jarju
– Average price: $64,800
– Maximum price: $6.2 million for Ringers #879 (The Goose) (2021) by Dmitri Cherniak
https://www.artprice.com/artist/1091079/asa-jarju/nft/31233678/ghost-sphynx
https://www.artprice.com/artist/1023654/dmitri-cherniak/nft/30581409/ringers-879-the-goose
Distribution of public auctions of NFT by price range and by auction house
Infographic – https://mma.prnewswire.com/media/2360541/NFT_auctions_2_Infographic.jpg
2. Seven-digit auction results and other exceptional sales
In 2023, the seven best results of the year in the NFT category were hammered for Generative Art. This self-generating and random artistic approach is at the heart of the history of NFTs, notably with the controversial Profile Pictures (PFP) series such as the Bored Apes and the CryptoKitties. However, these series have now left their place at the forefront of the Generative scene to the abstract works created by artists like Dmitri Cherniak and Tyler Hobbs. Indeed, the series Autoglyph by Larva Labs now fetches higher prices than their CryptoPunks which made the artist duo famous.
Among the most anticipated pieces last year at auction, five digital creations created by Keith Haring at the end of the 1980s were put on sale at Christie’s in September 2023 by the Keith Haring Foundation. In the form of five unique NFTs (#1/1), these experiments were carried out on the first computers equipped with digital creation software a few years after those conducted by Andy Warhol. All the works found buyers at prices between $250,000 and $350,000.
https://onlineonly.christies.com/s/keith-haring-pixel-pioneer/lots/3479?sc_lang=en
Top 20 results for NFT works sold at auction in 2023
1. Dmitri Cherniak (b. 1988) – Ringers #879 (The Goose) (2021): $6,215,100
2. Tyler Hobbs (b. 1987) – fidenza #725 (2021): $1,016,000
3. Snowfro (XX-XXI) – Chromie Squiggle #1780 (2021): $635,000
4. Tyler Hobbs (b. 1987) – Fidenza #479 (2021): $622,300
5. Tyler Hobbs (b. 1987) – fidenza #216 (2021): $609,600
6. Larva Labs (b. 2005) – Autoglyph #187 (2019): $571,500
7. Tyler Hobbs (b. 1987) – fidenza #724 (2021): $442,170
8. Keith Haring (1958-1990) – Untitled (April 14, 1987) (1987): $352,800
9. Keith Haring (1958-1990) – Untitled #1 (April 16, 1987) (1987): $352,800
10. Keith Haring (1958-1990) – untitled #2 (April 16, 1987) (1987): $352,800
11. Kjetil Golid (b. 1991) – Archetype #397 (2021): $330,200
12. Larva Labs (b. 2005) – autoglyph #218 (2019): $330,200
13. Tyler Hobbs (b. 1987) – Fidenza #290 (2021): $279,400
14. Tyler Hobbs (b. 1987) – Fidenza #871 (2021): $279,400
15. Keith Haring (1958-1990) – untitled (feb 2, 1987) (1987): $277,200
16. XCOPY (b. 1981) – Loading New Conflict… Redux 6 (2018): $254,000
17. Larva Labs (b. 2005) – CryptoPunk#4153 (2017): $254,000
18. Keith Haring (1958-1990) – untitled (Feb 3, 1987) (1987): $252,000
19. Tyler Hobbs (b. 1987) – Fidenza #370 (2021): $241,300
20. Tyler Hobbs (b. 1987) – Fidenza #861 (2021): $241,300
3. Both in auction rooms and on the Metaverse
Sotheby’s now stands out as the most active auction house on the NFT market, regularly hosting sessions dedicated to this new medium. On 15 June 2023, Part II of its sale Grails: Property from an Iconic Digital Art Collection totaled $10.9 million in New York. But apart from these sales dedicated to NFTs, Sotheby’s now also includes NFTs in general sessions: at its day sale of Contemporary Art on 19 May 2023 in New York, Tyler Hobbs’ Fidenza #725 (2021) fetched over a million dollars (including fees), against an estimated range of $120,000 – $180,000.
https://www.artprice.com/artist/1062390/tyler-hobbs/nft/30222588/fidenza-725
Under Patrick Drahi’s leadership, Sotheby’s has also deployed a brand new platform called Metaverse, entirely dedicated to Web3: https://metaverse.sothebys.com. In 2023, it hosted the sale of 5,000 photographs by Sebastião Salgado in the form of NFTs, then a session entitled Snow Crash curated by artist Tony Sheeder, and lastly, a sale of 500 unique works generated by the pioneer Vera Molnar (who sadly passed away shortly after on 7 December 2023).
The projects carried out by Sotheby’s on its Metaverse platform, however, deviate somewhat from public sales in terms of transparency and communication of results and are undoubtedly more similar to private sales. Several important NFT works are still visible today on the sothebys-grails.eth wallet and are – according to Michael Bouhanna (VP, Contemporary Art Specialist & Head of Digital Art and NFTs at Sotheby’s) – available for private sale:
CryptoPunk #6669:
https://opensea.io/assets/ethereum/0xb47e3cd837ddf8e4c57f05d70ab865de6e193bbb/6669
Fidenza #526:
https://opensea.io/assets/ethereum/0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270/78000526
Bored Ape #8552:
https://opensea.io/assets/ethereum/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d/8552
4. ‘On-chain’ versus ‘off-chain’ transactions
The majority of NFT artworks publicly auctioned by Sotheby’s have so far gone through its main website, not through its Metaverse, and the transactions have therefore taken place outside the Blockchain. In other words, they were concluded “off-chain”; the hammer prices do not appear in the history of the NFT, where only a double transfer of ownership of the work is visible: from the seller’s portfolio (of the artist or collector) to that of Sotheby’s, and then from Sotheby’s to the buyer’s wallet, once payment is complete.
These “off-chain” transactions allow the auction house to maintain greater control over the transactions, in particular to collect payment before transferring the work to its new owner. This allows Sotheby’s to collect a commission by adding the usual fees. For its part, Christie’s, which carries out “on-chain” transactions via its Christie’s 3.0 platform https://nft.christies.com, does without a commission. Its FAQ specifies that “ Christie’s 3.0 does not add Buyer’s Premium to the hammer price” and that “You will need to pay a gas fee when you place a bid and, if applicable, when you pay sales tax and collect your NFT, Gas fees are not included in the final purchase price”. But these gas fees only concern the operating costs of the Blockchain and are not collected by the auction house.
5. The entry of NFTs into museum collections
The year 2023 saw the first acquisitions of NFTs by several museums, starting with the most prestigious, the LACMA, the MoMA, the Pompidou Center, and the Granet Museum in Aix-en-Provence. Unlike the ambiguous situation of 2021 which saw several institutions put digital duplicates of their masterpieces on sale, it is now a matter of acquisitions of NFTs by museums, directly from artists or via their collectors.
- CryptoPunks #110 acquired by the Center Pompidou and
- CryptoPunks #3831 acquired by LACMA
The reluctance of auction houses regarding “on-chain” transactions is shared by museums, which are subject to strict regulations regarding the acquisition of works. The procedures they must follow sometimes conflict with the principles of transparency and decentralization of Web3. Public institutions therefore prefer for the moment to acquire “off-chain” works and avoid placing all their NFT artworks in a single wallet.
The Los Angeles County Museum of Art (LACMA), which received a donation of 22 NFTs in February 2023 from anonymous collector Cozomo de’ Medici, has only 8 pieces on its e-wallet. Several NFTs, like Fragments of an Infinite Field #972 by Monica Rizzolli, have not yet been delivered and are still on the Cozomo de’ Medici wallet. As for the famous CryptoPunk #3831, the work has been placed in an independent portfolio.
Official announcement of the 22 NFTs acquired by LACMA:
https://unframed.lacma.org/2023/02/24/new-acquisition-cozomo-de-medici-collection
LACMA Collection on Opensea:
https://opensea.io/0x9482B7FEF251Ebb81CeF01108c5512C27520003D
Fragments of an Infinite Field #972 de Monica Rizzolli :
https://opensea.io/assets/ethereum/0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270/159000972
CryptoPunk #3831 by Larva Labs :
https://opensea.io/0x0f7f63BA74681EfC4eab9777a463E2aF45916EDf
Marcella Lista, Head Curator at the Centre Pompidou explains the procedure followed by the French museum to make its first NFT acquisitions:
“The Center Pompidou has opened a digital wallet exclusively dedicated to the reception and conservation of tokens, knowing that the files of the works have been uploaded in parallel to be stored on the conservation servers of the Pompidou Center as is the case with any digital work in the collection. The works were acquired via a classic acquisition and distribution authorization contract, following the museum’s usual practice, and were paid in euros.
“The various states of visibility of these works on NFT platforms and on the Pompidou Center database can be explained by the long contractualization procedure, their registration on our inventory, and their entry into the database. Works that have not yet appeared are being processed in this administrative, accounting and technical chain.”
The Centre Pompidou NFT collection on Opensea:
https://opensea.io/Centre_Pompidou_MNAM
CryptoPunk #110 from the Centre Pompidou:
https://cryptopunks.app/cryptopunks/details/110
6. A reassuring start to 2024
Auction houses Christie’s and Sotheby’s have started 2024 with one and two sales respectively dedicated to NFTs. Patrick Drahi’s company has already taken the lead this year, generating 92% of the segment’s turnover.
Sotheby’s sessions GRAILS: Starry Night and Natively Digital: An Ordinals Curated Sale totaled over $1 million each, with 19 and 18 lots sold respectively, and no unsold lots. One of the best results was hammered for Genesis Cat, for Taproot Wizards (2024) by digital artist FAR. It was generally believed that the NFT market was now focused on more ‘serious’ creations, but this off-beat work – reminiscent of CryptoKitties – fetched the best NFT result at the start of 2024: $254,000 versus an estimated range of $15,000 to $20,000 (January 22 at Sotheby’s in New York).
Auction results exceeding $100,000 for Satoshi Nakamoto, Xcopy, Beeple and Des Lucréce continue to show that the success of these digital artists is not just anecdotal. In 2024 we will probably see a consolidation of the prices of works by these key signatures on the NFT market. And the rising values of Bitcoin and Ethereum will no doubt contribute to this progression.
7. Top 50 Artists by NFT public auction turnover in 2023
1. Dmitri Cherniak (b. 1988): $7,880,898 (14 lots sold)
2. Tyler Hobbs (b. 1987): $4,919,950 (15 lots sold)
3. Larva Labs (b. 2005): $1,811,675 (9 lots sold)
4. Keith Haring (1958-1990): $1,587,600 (5 lots sold)
5. Snowfro (XX-XXI): $743,529 (3 lots sold)
6. Kjetil Golid (b. 1991): $453,390 (7 lots sold)
7. Refik Anadol (b.1985-): $386,796 (4 lots sold)
8. Shroomtoshi (XX-XXI): $342,900 (2 lots sold)
9. 0xDEAFBEEF (XX-XXI): $325,120 (3 lots sold)
10. Des Lucréce (xx-xxi): $289,599 (10 lots sold)
11. Xcopy (b. 1981): $254,000 (1 lot sold)
12. Six N. Five (b. 1985): $210,321 (1 lot sold)
13. Seerlight (b. 1993): $165,100 (2 lots sold)
14. Andrea Bonaceto (b. 1989): $157,947 (1 lot sold)
15. Jack Butcher (xx-xxi): $144,534 (4 lots sold)
16. Ripcache (XX-XXI): $121,611 (2 lots sold)
17. Deekay Kwon (b. 1989): $115,597 (1 lot sold)
18. Grant Riven Yun (xx-xxi): $107,100 (1 lot sold)
19. Beeple & Madonna (XX-XXI): $100,800 (1 lot sold)
20. luxpris (xx-xxi): $90,170 (4 lots sold)
21. Pindar Van Arman (b. 1974): $82,786 (3 lots sold)
22. Ryan Koopmans (b. 1986): $78,315 (2 lots sold)
23. Matt Deslauriers (XX-XXI): $62,611 (6 lots sold)
24. Hideki Tsukamoto (b. 1973): $62,230 (4 lots sold)
25. Helena Sarin (XX-XXI)$61,355 (3 lots sold)
26. Anyma (b. 1988): $54,658 (1 lot sold)
27. Terrell Jones (b. 1997): $54,052 (3 lots sold)
28. Jack Kaido (xx-xxi): $49,638 (2 lots sold)
29. Mad Dog Jones (b. 1985): $48,165 (1 lot sold)
30. Sam Spratt (XX-XXI): $48,165 (1 lot sold)
31. Alpha Centauri Kid (b. 1986): $45,139 (2 lots sold)
32. Elman Mansimov (XX-XXI): $41,314 (1 lot sold)
33. GMUNK (b. 1975): $38,559 (1 lot sold)
34. Sofia Crespo (b. 1991): $36,915 (2 lots sold)
35. Laura El (b. 1991): $35,645 (2 lots sold)
36. William Mapan (b. 1988): $34,984 (1 lot sold)
37. Pop Wonder (b. 1982): $34,925 (2 lots sold)
38. 0xdgb (XX-XXI)$33,020 (1 lot sold)
39. neurocolor (XX-XXI): $30,480 (2 lots sold)
40. omentejovem (XX-XXI): $30,462 (1 lot sold)
41. Casey Reas (b. 1972): $28,669 (3 lots sold)
42. Samantha Cavet (b. 1997): $28,389 (2 lots sold)
43. Bryan Brinkman (b. 1985): $28,236 (3 lots sold)
44. Luke Shannon (b. 2000): $27,988 (1 lot sold)
45. Isaac Wright (xx-xxi): $27,940 (1 lot sold)
46. Yatreda ያጥሬዳ (XXI): $27,543 (1 lot sold)
47. Ryan Talbot (b. 1997): $27,329 (1 lot sold)
48. Guido Di Salle (b. 1979): $26,308 (1 lot sold)
49. Tyler Hobbs & Dandelios Wist (xx-xxi): $25,400 (1 lot sold)
50. Carlos Marcial (b. 1984): $24,596 (1 lot sold)
Images:
Copyright 1987-2024 thierry Ehrmann www.artprice.com – www.artmarket.com
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Artmarket and its Artprice department was founded in 1997 by its CEO, thierry Ehrmann. Artmarket and its Artprice department is controlled by Groupe Serveur, created in 1987.
See certified biography in Who’s who ©:
Artmarket is a global player in the Art Market with, among other structures, its Artprice department, world leader in the accumulation, management and exploitation of historical and current art market information (the original documentary archives, codex manuscripts, annotated books and auction catalogs acquired over the years ) in databanks containing over 30 million indices and auction results, covering more than 835,800 artists.
Artprice by Artmarket, the world leader in information on the art market, has set itself the ambition through its Global Standardized Marketplace to be the world’s leading Fine Art NFT platform.
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Artmarket with its Artprice department accumulates data on a permanent basis from 7200 Auction Houses and produces key Art Market information for the main press and media agencies (7,200 publications). Its 7.2 million (‘members log in’+social media) users have access to ads posted by other members, a network that today represents the leading Global Standardized Marketplace® to buy and sell artworks at a fixed or bid price (auctions regulated by paragraphs 2 and 3 of Article L 321.3 of France’s Commercial Code).
The Art Market’s future is now brighter than ever with Artprice’s Artmarket® Intuitive AI
Artmarket, with its Artprice department, has twice been awarded the State label “Innovative Company” by the Public Investment Bank (BPI), which has supported the company in its project to consolidate its position as a global player in the art market.
Artprice by Artmarket’s Global Art Market Report, “The Art Market in 2023”, published in March 2024:
https://www.artprice.com/artprice-reports/the-art-market-in-2023
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https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2023
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GESAMTKUNSTWERK & SINGULAR ARCHITECTURE
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Fintech
Former MD of SUI Foundation, Greg Siourounis, Joins xMoney Global as Co-Founder and CEO to build MiCA-Regulated Stablecoin Platform
xMoney Global, the global, inter-bank and cross crypto/fiat integrated payments platform has appointed award-winning economist Dr. Greg Siourounis as Co-Founder and CEO. The company is a Mastercard principal member, with strategic European licenses, such as e-Money and VASP.
As the digital landscape continues to evolve with the coming MiCA regulation, xMoney Global intends to lead Europe into this new transformative EU regulated stablecoin era. Greg Siourounis will lead the integration of xMoney’s advanced blockchain-enabled payments infrastructure with its upcoming stablecoin program. Stablecoins are a key driver of blockchain adoption in today’s market, now surpassing Bitcoin, remittances, and PayPal in annual transaction volume. As such, xMoney’s Global reputation positions it to bridge Web3 innovation with traditional finance, leading Europe into a new transformative EU regulated stablecoin era.
Dr. Greg, who has played a pioneering role in the growth of Sui Foundation as its former Managing Director and who previously founded Everypay, will drive xMoney Global’s next wave of growth. Beyond the standard reference of his academic work in 2024’s Nobel Prize in Economics, Dr. Greg’s career is also decorated with awards such as the 2005 Young Economist Award from The European Economic Association and the 2008 Austin Robinson Prize from The Royal Economic Society. His immediate target will be to focus on partnerships, regulatory alignment and market expansion, as xMoney Global looks to build a comprehensive payments platform that bridges legacy financial systems with the potential of decentralized finance.
Commenting on his appointment, Dr. Greg Siourounis, CEO of xMoney Global, said, “As Europe prepares to embrace MiCA regulation, xMoney Global is positioned to redefine what compliant, secure, and seamless digital payments can be. Our goal is to deliver a solid and trusted ecosystem that combines the strengths of traditional finance with the flexibility of blockchain technology to create a future-ready payment experience.”
Beniamin Mincu, Co-founder of MultiversX, said, “xMoney Global’s mission aligns perfectly with the vision of MultiversX to bring scalable and secure blockchain solutions to mainstream finance. This appointment marks a significant step toward building a more inclusive and resilient financial system.”
The launch of xMoney Global aims to offer a next-gen blockchain-as-a-service module backed by its native stablecoin, with key white-labeled services including acquiring, issuing, onramps/offramps and a sticky loyalty program, all backed by MultiversX’s state-of-the-art sharding technology. Following the surge in crypto markets after Trump’s pro-crypto Presidential win, xMoney will be ideally placed to accelerate real-world adoption as the easiest way for everyone (consumers, retail and e-commerce) to seamlessly access fiat and crypto currencies in an app, card or payment gateway.
The post Former MD of SUI Foundation, Greg Siourounis, Joins xMoney Global as Co-Founder and CEO to build MiCA-Regulated Stablecoin Platform appeared first on News, Events, Advertising Options.
Double Data Deal for Life
LONDON, Nov. 27, 2024 /PRNewswire/ — In anticipation of Black Friday, Slice Mobile is enhancing its popular plans—Mini, Middy, and Biggie—by offering double the data. Both new and existing customers can benefit from this upgrade for life, as long as they remain on the same plan.
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View original content:https://www.prnewswire.co.uk/news-releases/slice-mobile-launches-special-black-friday-offers-302317430.html
Fintech PR
ADFW Unveils Full Agenda for 2024 Edition, One of the Most Impactful Financial Gatherings of the Year
ABU DHABI, UAE, Nov. 27, 2024 /PRNewswire/ — Abu Dhabi Finance Week (ADFW) has unveiled a compelling agenda for this year’s event that will take place from 9th to 12th December 2024. ADFW 2024 – ADGM’s flagship event with ADQ as its headline partner – is one of the most anticipated financial gatherings this year, with a lineup of industry-shaping events, influential speakers, and strategic forums that will explore the theme of ‘Welcome to the Capital of Capital.’
This third edition is in keeping with ADFW’s tradition of convening some of the most renowned global financial leaders, investors, policymakers, and thought leaders to address and analyse topics such as economic, human, cultural, environmental and technological capital, that make Abu Dhabi the ‘Capital of Capital’. The agenda for 2024 includes over 60 main and side events, more than 350 thematic sessions and approximately 600+ speakers. The event expects a gathering of over 20,000 attendees from around the world, representing over USD 30 trillion in managed assets.
Commenting on ADFW’s exceptional agenda, His Excellency Ahmed Jasim Al Zaabi, Chairman of ADGM and ADDED said, “Abu Dhabi Finance Week has firmly established itself as a global platform that attracts the most influential professionals in the finance industry from across the world. This year’s agenda for ADFW is a testament to Abu Dhabi’s position as a leading international financial hub, where innovation and collaboration drive progress for the Falcon Economy. ADFW continues to create unparalleled opportunities for meaningful dialogue, shaping strategies that strengthen resilience and growth in today’s evolving economic landscape, welcoming them to the ‘Capital of Capital’.”
Key forums, including the Abu Dhabi Economic Forum, Asset Abu Dhabi, RESOLVE 2024, Fintech Abu Dhabi, and the Abu Dhabi Sustainable Finance Forum (ADSFF) will return this year. New events for 2024 include the UBS Investment Forum, the China UAE Investment Summit with HSBC, the Islamic Finance Summit, the Spear’s Private Wealth Summit, and the Abu Dhabi Capital Markets Showcase.
Day 1: Opening Ceremony and Abu Dhabi Economic Forum
The official opening ceremony is on 9th December in the presence of esteemed members of Abu Dhabi’s leadership, heads of leading global investment and financial firms and other VIPs from the financial industry.
Abu Dhabi Economic Forum, a high-level leadership gathering, will feature in-depth discussions on the current state of and prospects for the Falcon Economy. It will bring together senior members of the Abu Dhabi government and prominent figures from the private sector, representing key industries. Speakers include the CEOs of Blackrock, Morgan Stanley, HSBC, Citigroup, BNY, Lunate, First Abu Dhabi Bank (FAB) and Aldar. ADEF Private Leadership Forum, Abu Dhabi Capital Markets Forum, the UBS Investor Forum and the prestigious ADFW Gala Dinner are a few of the major sub-events scheduled for the day.
Day 2: Asset Abu Dhabi and RESOLVE
The second day starts with Asset Abu Dhabi in association with ADCB, Mubadala and PGIM Global Asset Management. Bringing together asset allocators, asset managers, investment bankers, venture capitalists, private equities, family offices and other institutional investors, collectively managing over USD 30 trillion in assets, the event will see industry titans such as Ray Dalio, Robert Smith – Founder, Chairman & CEO at Vista Equity Partners, Aron Landy – CEO at Brevan Howard, and Bill Huffman – CEO at Nuveen take to the stage.
RESOLVE will also be held on this day, in collaboration with the Judicial Department. Under the theme ‘Resilience’, the event is set to host impactful conversations among key stakeholders from the global dispute resolution community and leaders from government, industry, and academia.
Day 3: Fintech Abu Dhabi and Global Financial Regulators Summit
Fintech Abu Dhabi, the Middle East’s largest fintech festival, will spotlight innovations in AI, digital security, and blockchain technology. Breakout events like Blockchain Abu Dhabi, RISK 4.0 Forum, Islamic Finance Summit and the AI Abu Dhabi Forum will showcase the transformative potential of emerging technologies. Leading voices, including Jeremy Allaire – CEO and Founder of Circle, Richard Teng – CEO of Binance, and Caroline Pham – U.S. CFTC Commissioner, will discuss the evolving landscape of financial technology.
The Global Financial Regulator Summit also returns as a closed-door gathering of international senior regulatory bodies and representatives from the MENA region, the European Union, the UK, Asia and the USA to discuss the approach to the opportunities and challenges presented by the rise of AI.
Day 4: ADSFF
Exactly one year after hosting its last edition at COP28, the Abu Dhabi Sustainable Finance Forum (ADSFF) will be held on the concluding day of ADFW to conduct discussions on sustainable finance, impact investing, and net-zero commitments. It will bring together impactful voices like H.E. Carme Artigas Brugal, Co-Chair of the AI Advisory Body at the United Nations, Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, Jonathan Dean of AXA IM and H.E. Majid Al Suwaidi, CEO of Alterra underscoring Abu Dhabi’s commitment to sustainability and green finance.
Curated side events include ‘Women in Finance’ and the ADFW Venture Park.
For more information on the agenda please visit What’s Happening in ADFW | Agenda – Abu Dhabi Finance Week
Register for Abu Dhabi Finance Week 2024 at Get your ticket – Abu Dhabi Finance Week
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