Not exhaustive

The following risk factors are not exhaustive. Prospective investors should carefully review all risks with qualified advisors prior to investing.

Risk Category	Description
Real Estate Market Risk	Property values and rental income across Asian markets may decline due to economic downturns, oversupply, rising interest rates, or geopolitical events.
Liquidity Risk	Secondary market trading in $AET tokens may be thin or inactive. There is no guarantee that investors will be able to exit at their desired time or price.
Regulatory & Legal Risk	Digital securities regulation across Asian jurisdictions is evolving. Changes in law could affect the structure, tradability, or tax treatment of $AET tokens.
Currency Risk	Assets denominated in local currencies (JPY, SGD, THB, etc.) and distributions in USDC expose investors to multi-currency exchange rate volatility.
Counterparty Risk	The platform depends on SPV operators, property managers, custodians, and technology providers. Failure of any key counterparty could adversely affect investor returns.
Smart Contract Risk	Despite audits, smart contract vulnerabilities may result in loss of funds. Blockchain infrastructure is subject to unforeseen technical failures or protocol changes.
Concentration Risk	Individual asset-backed issuances carry concentration risk. Investors should consider diversifying across multiple $AET issuances.
Tax Risk	The tax treatment of security token income and gains varies by investor jurisdiction and is subject to change. The platform does not provide tax advice.
Sanctions / Eligibility Risk	Changes to sanctions programs may affect the eligibility of existing investors. The platform reserves the right to restrict token transfers to or from newly sanctioned counterparties.