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Acquicent is a Los Angeles, California-based financial technology company that operates a blockchain-enabled marketplace for fractional ownership of museum-grade collectible assets. The platform allows retail investors to purchase tokenized shares in alternative assets, specifically targeting classic cars and fine art, with investment minimums starting at $100. By issuing and trading digital tokens attached to real-world items, the company provides liquidity options for asset owners while allowing them to retain custody and majority control. The enterprise operates with a team of 6 to 11 employees and generates under $5 million in annual revenue while attracting nearly 2,900 monthly website visitors. To support its tokenization infrastructure and expand operations, the firm has secured $1 million in total venture capital funding, which includes a $760,000 financing round completed around 2023. Acquicent was founded in 2018 by chief executive officer Anthony Citrano.
Acquicent has raised $760K across 1 funding round.
Acquicent has raised $760K in total across 1 funding round.
Acquicent has raised $760K in total across 1 funding round.
Acquicent's investors include BITKRAFT Ventures, Galaxy Digital, Galaxy Interactive, Imagination Capital, Manta Ray Ventures, Moonshots Capital, Redpoint Ventures, Science, Clark Landry, Don Dodge, Josh Elman, Logan Lorenz.
Acquicent has raised $760K across 1 funding round. Most recently, it raised $760K Seed in March 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2022 | $760K Seed | — | BITKRAFT Ventures, Galaxy Digital, Galaxy Interactive, Imagination Capital, Manta RAY Ventures, Moonshots Capital, Redpoint Ventures, Science, Clark Landry, DON Dodge, Josh Elman, Logan Lorenz, Loic LE Meur, Mark Pincus | Announced |
Acquicent is a financial technology company that operated a marketplace enabling fractional ownership in high-value collectibles like classic cars and fine art, allowing investments starting at $100.[1][2][3] It served investors seeking alternative assets, as well as collectors, museums, and cultural institutions needing liquidity while retaining custody, control, and majority ownership of their assets.[1][3] The platform democratized access to these high-performing investments and unlocked new revenue streams for owners, with the company raising $760K in its last funding round (Option/Warrant stage) about three years ago before ceasing operations.[1][4]
Acquicent was founded in 2018 by Anthony Citrano in Walnut, California (later associated with Los Angeles addresses).[1][4] Citrano highlighted the lack of innovation in investor portfolio options, positioning fractional shares in art, collectibles, and vintage cars as an untapped opportunity to enhance liquidity for owners.[1] Early plans included public offerings, with the company targeting the collectibles market amid growing interest in alternative assets; it employed around 4-6 people and used tech like Cloudflare and Squarespace before shutting down.[1][3][4]
Acquicent rode the fractional ownership and alternative assets trend in fintech, fueled by blockchain-inspired tokenization and retail investor demand for non-traditional portfolios post-2018 crypto boom.[1][4] Timing aligned with rising collectibles values (e.g., art and cars as inflation hedges) and platforms like Masterworks proving demand, amid market forces like low interest rates and democratized investing via apps.[1] It influenced the ecosystem by pioneering liquidity for cultural assets, inspiring competitors and highlighting fintech's role in bridging collectors with public markets, though its closure underscores challenges like regulatory hurdles in securities.[1][2][4]
Acquicent's shutdown leaves a gap in collectibles fractionalization, but its model persists through competitors like Masterworks amid surging demand for tokenized real-world assets (RWAs) in 2025's blockchain resurgence.[1][4] Trends like AI-driven asset valuation and Web3 integration could revive similar platforms, potentially evolving Acquicent's vision under new operators—watch for institutional adoption in art/tech hybrids to scale this niche.[1][3] Its legacy ties back to unlocking "untapped opportunities" in investor choices, proving fractional collectibles' viability even if the original player exited.[1]
