According to Radii, Hong Kong-based luxury watch selling platform Wristcheck has received a $5 million investment from music mogul and businessman Jay-Z (Shawn Carter).
In an effort to provide a secure and welcoming network for watch enthusiasts, Austen Chu and Sean Wong co-founded Wristcheck, which enables collectors to purchase, trade, and learn about opulent timepieces.
The watch company has raised approximately $13.6 million from investors, including Alibaba Entrepreneurs Fund, Gobi Partners GBA, and K3 Venture.
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Wristcheck claims that during the course of his career, JAY-Z—also known as the “godfather” of all celebrity watch collectors—has amassed some of the rarest and most elusive watches.
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A deep love of timepieces and an unparalleled impact over decades in a variety of industries, JAY-Z is unquestionably a visionary who helped to shape contemporary watch culture as know it today.
“As an entrepreneur, JAY-Z has always been an inspiration to me. I remember growing up to his music – his lyrics not only introduced me to watch brands like Audemars Piguet, but also fueled my love for watches even further, as he bridged the gap between watches and pop culture,” Austen Chu, founder & CEO of Wristcheck said. As the most influential celebrity watch collector of the 21st century and a certified G.O.A.T, his support carries immense weight both personally and professionally. It’s a testament to the trust and community we’ve built, and marks a major milestone in cementing Wristcheck as the go-to platform for watch enthusiasts worldwide,” he added.
There is no denying the connection between us; we share the same ideals of creativity, innovation, and authenticity, and They are incredibly thrilled about what lies ahead.
About Wristcheck
Wristcheck marketplace makes buying, selling, and learning about timepieces easier than ever. Enjoy in-house authentication, watchmaking, and the world’s most accurate watch index using real-time transaction data. A single location.
