- CEO
- Hyun-Soon Do
- Full Time Employees
- 97
- Sector
- Retail trade
- Industry
- Specialty stores
- Address
- Seoul South Korea
- IPO Date
- Jan 24, 2022
- Business
- K Auction Inc. is a South Korea-based art auctioneer and cultural asset management company engaged in the appraisal, intermediation, auctioning, and fractionalization of fine art and luxury collectibles. Founded in 2005 and headquartered in Seoul, South Korea, the company operates comprehensive physical and digital auction platforms that connect individual collectors, institutional investors, corporate clients, and galleries. The company offers a systematic suite of products and services, including: major live offline auctions conducted for high-value modern and contemporary masterworks, alongside traditional Korean cultural artifacts, ceramics, calligraphy, and Buddhist art; scheduled online auctions, encompassing premium and weekly digital sales covering contemporary paintings, limited-edition prints, sculptures, luxury timepieces, and jewelry; private brokerage and bespoke sales, facilitating off-market transactions and confidential acquisitions for private and institutional portfolios; corporate art consulting, delivering collection management, aesthetic curation, and corporate asset valuation; professional art appraisal, condition reporting, and authentication services; consignment handling, encompassing insurance, provenance verification, framing, and specialized art logistics; artist agency and exhibition management through its subsidiary Arte K; comprehensive art transaction database and logistics management powered by its proprietary K-Office digital infrastructure; and digital asset initiatives through Arte Crypto. In recent major corporate developments, K Auction has expanded into the art-fintech and Security Token Offering (STO) market by acquiring a majority controlling stake in Together Art Co., Ltd., an art fractional investment enterprise. Under this integration, the company utilizes its proprietary valuation, physical storage, and provenance verification framework to issue regulated investment contract securities backed by high-value blue-chip artworks. Additionally, Together Art entered into a strategic business agreement with the Korea ST Exchange to construct issuance and secondary-market distribution infrastructure for tokenized art securities, solidifying K Auction's vertical integration across traditional art auctioneering, digital asset brokerage, and regulated fractional asset markets.