PANews reported on December 6 that according to Beincrypto, Premier Art Holdings Ltd. and blockchain platform Chintai announced the launch of a $50 million tokenized art program, The Premier Art Token (TPAT). The project will provide fragmented ownership of top artworks through Chintai's white label tokenization technology, making traditionally scarce art assets more accessible. The first $50 million of TPAT will be sold to qualified investors, and pre-sales will begin in December 2024.