FAQs
We love to talk about fractionalization
At FRAX, we make it simple for asset owners to democratize access to their assets and make the buying process for their audiences seamless and straightforward.
The asset will be owned by an LLC. Buyers are buying ownership interests in the LLC that is backed by the asset.
No. We have created a simple yet elegant digital wallet solution for fans to store and manage their assets. Purchasing is also as simple as using a credit card or wire transfer options. Those who are comfortable can use cryptocurrency as well.
Your funds are held in escrow and then deposited to your account when the offering period is closed. Funds can also also be dispersed in traditional USD or cryptocurrency.
You provide us information on your asset such as background, valuation and the entity that owns it. We review it and ask clarification questions as needed. We then work with you to compose the documentation and information needed to bring your asset to market.
FRAX charges a flat platform fee to asset owners.