aShareX Appoints Acclaimed Market Design Expert, University of Chicago’s Professor Eric Budish, to Advisory Board

LOS ANGELES, July 20, 2023, (VSNewsNetwork.com) - aShareX, Inc., the first and only auction-based universal trading platform committed to democratizing high-value alternative asset ownership, has appointed Professor Eric Budish to its Advisory Board. Budish is renowned as the Paul G. McDermott Professor of Economics and Entrepreneurship at the University of Chicago Booth School of Business and for his influential research in market design. He is celebrated for his market design innovations for financial exchanges and matching markets.

"With all due respect to NFTs and blockchain trust, I’d much rather own a legally registered share of a real Picasso. I also think it’s exciting that aShareX lets sellers of art access demand from a new class of buyers, using a creative auction design,” Professor Budish stated. Budish's contribution to market design theory has led to impactful changes in policy and exchange design proposals, and his appointment to the board of aShareX will lend invaluable insights to the company's mission.

Alan Snyder, founder and CEO of aShareX, welcomed Professor Budish's addition to the board, stating, “Eric’s research supports aShareX’s guiding principle that auctions are the reliable way to establish true market pricing for high-value assets like museum-quality fine art. His research and analyses are invaluable to establishing aShareX as the standard-bearer, critical to building trust, ensuring investor control, and enhancing competition between fractional and 100% bidders.”

Learn more about aShareX at www.asharex.com.

Source: aShareX, Inc. via Business Wire