ArkeFi and The Barker Price Announce Strategic Collaboration to Develop First-Ever Fractional Ownership Protection (FOP)
Zurich, Switzerland – 20 August 2024
ArkeFi Announces Development of Fractional Ownership Protection (FOP) in Strategic Collaboration with The Barker Price.
ArkeFi, the premier platform that tokenizes non-bankable assets (nBAs) such as art, cars, and collectibles, is excited to announce a strategic collaboration with The Barker Price to develop the groundbreaking Fractional Ownership Protection (FOP). This innovation will redefine security and accessibility for fractional investors in high-value assets.
ArkeFi’s unique platform allows the sale of tokenized nBAs to fractional owners at 50% of their Fair Market Value (FMV). An essential feature of the platform is its smart contracts, which include an embedded option for sellers to repurchase their assets at a predetermined price, typically 55% of the FMV, within a certain timeframe. If this buy-back option is not exercised, the fractional owners assume full ownership of the asset, which can then be sold on the secondary market, resulting in significant upside potential.
The Fractional Ownership Protection (FOP) being developed with The Barker Price will secure fractional owners’ initial investments by covering 50% of the FMV and mitigating associated financial risks. By leveraging advanced AI, data analytics, and precise valuation techniques, FOP provides enhanced protection and accuracy in asset valuation.
“We are thrilled to unveil the Fractional Ownership Protection (FOP) in collaboration with The Barker Price,” said Patrick Schweiger, Co-Founder of ArkeFi. “We have closely observed how The Barker Price has developed a sophisticated, patented AI-valuation engine, complete with warranties for lenders of alternative assets. Integrating this cutting-edge technology into
Read more on cryptonews.com
