Risk Disclosure

Investing involves risk of loss, including the loss of principal.

The following risks apply across the categories offered by Madrefajona Reserved:

Crypto

Digital assets are highly volatile, traded 24/7, and can experience severe drawdowns within short windows. Custody, regulation and taxation may vary by jurisdiction.

Gold

Gold prices respond to macroeconomic, monetary and geopolitical conditions. Storage, insurance and delivery costs may apply on physical redemption.

Digital Stocks

Digital-share wrappers reference underlying listed equities. They are not direct shareholdings and do not confer voting rights. Corporate actions are applied on a best-effort basis.

SpaceX-related notes

Frontier positions are structured as private secondary instruments. They are illiquid, long-duration, and typically restricted to accredited or sophisticated investors. Total loss of capital is possible.

General

Past performance is not indicative of future results. Any targeted returns are illustrative and not guaranteed. Consult independent advisers before allocating capital.