Tokenised, asset-backed interests involve significant risks. This Risk Disclosure summarises key risks that may apply.
Last Updated: 1 December 2025
Purchasing tokenised, asset-backed interests involves risk of partial or total loss. These products may be volatile and illiquid.
There is no guarantee of appreciation, income, or achievement of investment objectives. Past valuations and appraisals are not reliable indicators of future performance.
Art and cultural asset valuations are inherently subjective. External events, sentiment, or expert reassessments may materially impact value.
A secondary market may not exist or may be limited. You may not be able to sell your holdings at the time, price, or quantity desired.
Laws and regulations relating to tokenised assets are evolving. Regulatory changes or restrictions may affect trading availability, rights, or platform operations.
Access in certain jurisdictions may be restricted.
Tokenisation platforms rely on distributed systems, smart contracts, and security infrastructure.
Technical failures, cyber-attacks, vulnerabilities, or operational errors may result in loss or disruption.
Underlying artworks or assets may be held with accredited custodians. Insurance policies are subject to coverage terms, exclusions, and limitations.
Physical loss, damage, or disputes may adversely affect asset value.
Investing in a single artwork, artist, or collection increases exposure to specific market conditions and may lead to higher volatility.
Participants may rely on SPVs, custodians, insurers, or service providers.
Failure or default by any counterparty may negatively impact the investment.
Tokenised asset-backed interests may not be suitable for all individuals.
Participants should consider financial circumstances, objectives, risk appetite, and seek independent professional advice if necessary.
This disclosure is a summary and does not describe all risks.
Full details for any specific offering will be included in its respective documentation.
Availability of tokenised units may depend on:
Eligibility may include individual participants where permitted by law.
This page is a general disclosure for information purposes and is not a substitute for legal, regulatory, or financial advice.
All offerings must be reviewed in accordance with local regulations and may require additional documentation or approvals.