Alta Partners Iconic Batik House Iwan Tirta To Make It More Accessible

Alta has partnered with Iwan Tirta Private Collection. Renowned for their exquisite pattern designs synonymous with Indonesia’s culture and heritage, Iwan Tirta Private Collection is a leader within Indonesia’s luxury Batik category. Its Batiks are intricately hand drawn into one-of-a-kind pieces of luxury.

Alta in 2022 acquired digital securities exchange Hg Exchange, bringing its private capital markets, fund management, and exchange businesses under one roof. Through its blockchain-powered exchange (previously known as Hg Exchange), Alta has previously listed asset-backed security tokens, giving investors a unique opportunity to own highly coveted pieces of luxury assets, and is currently exploring non-fungible tokens for unique items.

Kelvin Lee, Co-founder and CEO of Alta, said, “Alta strives to bring forward distinctive opportunities in alternative assets for its investor community. Iwan Tirta Private Collection designs are world-famous for representing Indonesia’s cultural heritage and luxury Batiks, so it is an honor to welcome this partnership. Alta is excited to be able to list a wide variety of high-end luxury assets on our exchange, making them more accessible than ever before.”

Widiyana Sudirman, Iwan Tirta Private Collection, said, “Each Batik by Iwan Tirta is hand crafted using the top-quality materials and their designs are deep-rooted in Indonesia’s cultural identity. From Chinese mythology or Japanese flowers to Indian geometric patterns, the diversity of each Batik reflects the various cultural influences experienced by Indonesians.”

“Hand-drawn Batiks are increasingly recognized as valuable luxury assets, achieving international recognition through high-profile collaborations that bring Batik to the forefront of the world of fashion and textiles.”

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