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YieldStreet Acquires Athena Art Finance From Carlyle Group, Co-Investors

By Benzinga
FinTech, Financial Services

Digital wealth management platform YieldStreet announced the acquisition Wednesday of Athena Art Finance from the Carlyle Group CG in a $170-million deal.

What Happened

Athena provides art dealers, art galleries and collectors access to tailored financing alternatives that are secured by fine art, according to YieldStreet. The company has originated more than $225 million in loans since the business started in 2015 without any credit losses, according to the press release.

Read more at Benzinga.

Photo: Dasha Stokoz

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