General Investment Risks

Access to investment opportunities through the BoulderTech platform entails exposure to risks inherent to the types of assets and structures offered. These investments are channelled through tokenized private vehicles, which may represent interests in private companies, investment funds, or other real-world assets (RWA). Some of these vehicles may, directly or indirectly, involve technologies associated with blockchain and digital assets, which may increase the overall risk profile.

It is important for users to understand that:

• Investments available through BoulderTech are highly speculative and may result in the total loss of the capital invested.

• There is no guarantee that the objectives of the investment vehicle will be achieved, nor that any return will be obtained.

• The interests may lack liquidity, be subject to transfer restrictions, and may not benefit from an active or accessible secondary market.

• Private companies or funds in early or intermediate stages may face financial difficulties, strategic or regulatory changes, lack of additional financing, or even cease operations altogether.

In cases where the vehicle has direct or indirect exposure to digital assets or blockchain technologies, additional specific risks may arise, such as:

• High price volatility.

• Custody and security risks.

• Regulatory uncertainty across various jurisdictions.

• Changes in technological protocols or network environments that may affect the operability or value of the tokens.

Furthermore, the following additional factors must be taken into account:

Tax Risks and Regulatory Changes The regulatory and tax environment surrounding digital assets, tokenization, and private investments is continuously evolving. Changes in applicable legislation, new regulatory interpretations, or additional information requirements may negatively impact the investment, alter its structure, or modify the associated costs.

Limitations on Investor Control and Rights Investments made through tokenized vehicles typically represent minority positions, with no voting rights, no involvement in management, and no direct access to detailed information from the issuer. This means that investors may have limited ability to exercise control or make decisions regarding key aspects that affect the value of their investment.

Dependence on Third Parties: Issuers, Administrators, and Oracles The proper functioning of each vehicle depends on various parties, such as the issuing companies, group administrators, and — in some cases — oracles that validate or execute certain technical conditions. A lack of diligence, contractual breaches, or errors by these third parties may affect the execution, value, and outcomes of the investment.

Tokenization or Fractionalisation Risks The use of token-based structures may involve operational limitations, difficulties in conversion, custody, auditability, or traceability, as well as incompatibilities with certain legal or financial environments. In some cases, fractionalisation may hinder participation in decision-making, delay distributions, or generate unequal conditions among investors.

Participation in any investment opportunity available on the platform must be carried out with a clear and reasonable understanding of these risks. If any part of this section is not fully understood, or if you require assistance in assessing whether an investment is suitable for your profile, you may contact us at [email protected] before proceeding.