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GlobeNewswire·

Alliance Entertainment Leads ArtPics Funding Round with Strategic Investment

  • Alliance Entertainment Holding Corporation (NASDAQ: AENT) announced a $500,000 strategic investment in ArtPics Inc. as the lead investor in the company's current funding round.
  • The investment was executed through a Simple Agreement for Future Equity (SAFE) to expand Alliance's participation in the original Fine Art collectibles market.
  • ArtPics creates unique original Fine Art works on trading-card formats rather than prints, founded by collectibles entrepreneur & artist Gareb Shamus.
  • ArtPics incorporates Endstate Authentic's NFC technology to connect physical artwork with digital authentication & ownership records.
  • Alliance supports ArtPics' expansion through its existing commercial relationship, established retail connections, distribution infrastructure, & direct-to-consumer fulfillment capabilities.
  • ArtPics extended its commercial relationship with Endstate Authentic for an additional two years to reinforce ongoing NFC-enabled authentication collaboration.
  • Jeff Walker, CEO of Alliance Entertainment, highlighted the synergy between Fine Art & trading card communities & noted the value of ArtPics' existing authentication technology.
  • Gareb Shamus, Founder & CEO of ArtPics, emphasized the role of NFC technology in supporting the growing global collecting & secondary markets for unique art ownership.
  • According to the Art Basel & UBS Global Art Market Report 2026, global art sales increased 4% to an estimated $59.6 billion in 2025.
  • A 2026 Art Basel & UBS survey found that 43% of high-net-worth collectors identified uniqueness & rarity as the most important attributes of art ownership.
  • ArtPics works with a growing roster of artists to make original fine art more accessible while offering one-of-one formats designed for both art collectors & trading-card enthusiasts.
  • Alliance Entertainment operates over 35,000 retail storefronts, holds more than 340,000 unique in-stock SKUs, & owns proprietary brands including Handmade by Robots™, Alliance Authentic™, & Endstate Authentic.
  • The press release included standard forward-looking statements regarding market growth, financial projections, & potential risks associated with the investment & business operations.
Company
Alliance Entertainment
Keywords
Nasdaq:AENT, Alliance Entertainment