Seychelles-based MERJ Exchange is the First Digital Assets Exchange Offering Investment Access to Rare and Elite Supercars – bitcoinke.io

Posted: February 1, 2020 at 2:43 pm

Seychelles-based hybrid stock exchange,MERJ Exchange,and the supercar tokenization platformCurioInvest, have partnered to offer investors access to rare and luxury vintage cars, one of the worlds most exclusive asset classes.

The listings could bring up to 500 tokenized cars worth over $200 million onto a stock exchange compliant with the highest international regulatory standards.

As an asset class, rare and luxury cars have consistently been among the worlds best performers, beating not just traditional asset classes such as commodities and equities but other collectibles such as fine wines, watches and jewelry.

SEE ALSO:Seychelles Security Exchange to List Worlds First Security Token on a National Stock Market

Here is a breakdown of the partnership deal:

Partnership set to bring tokenized collectables to MERJ stock exchange Pipeline of 500 supercars worth over $200 million could list on MERJ High performance asset class generated 334% returns in past decade MERJs hybrid exchange brings regulated and fully compliant digital assets to mainstream investors CurioInvest fractionalizing US $1.1 million Ferrari F12tdf into 1 dollar tokens

Over a five- and ten-year period, vintage cars have outperformed all other collectable assets with returns of 91% and 288%, respectively. Average returns for the past decade have been 334%, according to the latest Knight Frank Luxury Investment Index Class Car Special 2018.

Up until now the exclusive preserve of the worlds super rich, CurioInvests listings will be investable with one dollar.

The first supercar on the slate will be a $1.1 million Ferrari F12tdf. Ferraris currently account for 60% of cars sold for over US $5 million.

According toFernando Verboonen, Founder and CEO of CurioInvest:

CurioInvest and MERJ Exchange offer investors a unique combination of old world assets, tokenized on a distributed ledger, but now made available on traditional securities markets infrastructure, said Fernando Verboonen. This is the best of all worlds and ensures that as wide a group of people possible is reached.

For years, many investors have had to sit and watch as rare and elite asset classes outperformed equities and bonds, said Fernando Verboonen. Now we have created a way for all institutional and retail investors to gain access to this booming asset class. In this era of ultra low interest rates it seems likely that demand for collectables will continue to grow.

NB: Look out for an upcoming exclusive interview with Edmond Tuohy, the CEO, MERJ Exchange, on BitcoinKE

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Seychelles-based MERJ Exchange is the First Digital Assets Exchange Offering Investment Access to Rare and Elite Supercars - bitcoinke.io

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