Timeless initially acquires the collectible with its own money. After purchasing fractions, the collectible belongs to each fraction owner at the fractional share acquired. The fraction is contractually transferred to the buyer, and Timeless is entrusted with its custody. And that means that these units are no longer part of Timeless' collectibles and remain unaffected in the event of possible insolvency. You can find more details in the framework agreement. We will disclose it to you before you purchase a fraction.
Updated over a week ago