Terms of Service

Terms of Service

Effective Date: March 25, 2026 Last Updated: March 25, 2026

These Terms of Service (“Terms”) govern your access to and use of frvas.com (the “Site”), operated by FRVAS, a publication of The Vanderbilt Portfolio AG (“we,” “us,” or “our”). By accessing or using the Site, you agree to be bound by these Terms. If you do not agree, you must not use the Site.

1. Acceptance of Terms

By accessing or using the Site, you represent and warrant that you are at least 16 years old and have the legal capacity to enter into these Terms. If you are accessing the Site on behalf of an organization, you represent that you have the authority to bind that organization to these Terms.

Your continued use of the Site following any changes to these Terms constitutes acceptance of those changes. We reserve the right to modify these Terms at any time, and such modifications will be effective immediately upon posting.

2. Description of Service

FRVAS provides editorial content, market intelligence, data analysis, and research related to UAE RWA tokenization, VARA regulation, and digital asset frameworks. The Site publishes articles, dashboards, entity profiles, comparisons, glossary entries, and other informational content.

The Site is a journalism and research platform. Content published on the Site is for informational and educational purposes only.

3. Intellectual Property Rights

3.1 Our Content

All content on the Site, including but not limited to text, graphics, logos, icons, images, data compilations, and software, is the property of The Vanderbilt Portfolio AG or its licensors and is protected by international copyright, trademark, and other intellectual property laws.

3.2 Limited License

We grant you a limited, non-exclusive, non-transferable, revocable license to access and view the content on the Site for personal, non-commercial use. This license does not include:

• Reproducing, distributing, or publicly displaying any content.
• Modifying or creating derivative works from the content.
• Using any data mining, scraping, or similar data-gathering tools.
• Downloading or copying content for the benefit of a third party.
• Using the content for commercial purposes without written permission.

3.3 Trademarks

FRVAS, The Vanderbilt Portfolio, and related logos are trademarks of The Vanderbilt Portfolio AG. You may not use these marks without prior written consent.

4. User Conduct

When using the Site, you agree not to:

• Use the Site for any unlawful purpose or in violation of any applicable law or regulation.
• Attempt to gain unauthorized access to any portion of the Site, other accounts, or computer systems.
• Interfere with or disrupt the Site, servers, or networks connected to the Site.
• Use automated means (bots, scrapers, crawlers) to access the Site, except as explicitly permitted in our robots.txt file.
• Reproduce, duplicate, copy, sell, resell, or exploit any portion of the Site for commercial purposes.
• Transmit any viruses, malware, or other harmful code.
• Impersonate any person or entity, or falsely state or misrepresent your affiliation with any person or entity.
• Collect or store personal data about other users without their consent.

5. Disclaimer of Warranties

5.1 No Investment Advice

THE CONTENT ON THIS SITE IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE, FINANCIAL ADVICE, TRADING ADVICE, OR ANY OTHER FORM OF PROFESSIONAL ADVICE. You should not rely on the content as a basis for making any financial, investment, or business decision. Always consult qualified professionals before making investment decisions.

5.2 No Warranty

THE SITE AND ITS CONTENT ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, AND ACCURACY.

We do not warrant that:

• The Site will be uninterrupted, timely, secure, or error-free.
• The content will be accurate, reliable, complete, or current.
• Any errors or defects will be corrected.
• The Site is free of viruses or other harmful components.

5.3 Data Accuracy

While we strive to provide accurate and up-to-date information, data presented on the Site may contain errors, omissions, or inaccuracies. Market data, statistics, and financial figures are sourced from third-party providers and official publications but are not guaranteed to be accurate. All data is indicative and should be independently verified before use.

6. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL THE VANDERBILT PORTFOLIO AG, ITS DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, OR AFFILIATES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES, ARISING OUT OF OR RELATING TO:

• Your access to or use of (or inability to access or use) the Site.
• Any conduct or content of any third party on the Site.
• Any content obtained from the Site.
• Unauthorized access, use, or alteration of your transmissions or content.

OUR TOTAL LIABILITY FOR ALL CLAIMS ARISING FROM YOUR USE OF THE SITE SHALL NOT EXCEED ONE HUNDRED US DOLLARS (USD $100).

7. Third-Party Links

The Site contains links to third-party websites and resources, including sister sites within The Vanderbilt Portfolio network and external authority sources. We provide these links for your convenience but do not endorse, control, or assume responsibility for the content, privacy policies, or practices of any third-party websites.

You access third-party websites at your own risk and subject to their respective terms and conditions.

8. Advertising

The Site displays advertisements served by Google AdSense and potentially other advertising networks. We are not responsible for the content of advertisements or for any products or services advertised. The presence of an advertisement on the Site does not constitute an endorsement.

Advertising is subject to our Cookie Policy and Privacy Policy. You can control advertising cookie preferences through our cookie consent banner.

9. Premium Content

Certain content on the Site may be designated as premium and may require a subscription or payment to access. Specific terms governing premium subscriptions will be presented at the time of purchase and supplement these Terms.

10. Indemnification

You agree to indemnify, defend, and hold harmless The Vanderbilt Portfolio AG, its officers, directors, employees, agents, and affiliates from and against any claims, liabilities, damages, losses, costs, and expenses (including reasonable attorneys’ fees) arising out of or relating to:

• Your use of the Site.
• Your violation of these Terms.
• Your violation of any applicable law or the rights of any third party.
• Any content you submit or transmit through the Site.

11. Termination

We reserve the right to terminate or suspend your access to the Site at any time, without notice, for any reason, including violation of these Terms. Upon termination, your right to use the Site ceases immediately. All provisions of these Terms that by their nature should survive termination shall survive.

12. Governing Law and Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of Switzerland, without regard to conflict of law principles. Any dispute arising from or relating to these Terms or the Site shall be resolved through binding arbitration in accordance with the rules of the Swiss Chambers’ Arbitration Institution, conducted in English.

13. Severability

If any provision of these Terms is found to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect. The invalid provision shall be modified to the minimum extent necessary to make it valid and enforceable.

14. Entire Agreement

These Terms, together with our Privacy Policy and Cookie Policy, constitute the entire agreement between you and The Vanderbilt Portfolio AG regarding your use of the Site. These Terms supersede all prior agreements and understandings.

15. Waiver

Our failure to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision. A waiver of any term shall not be deemed a waiver of any other term.

16. Assignment

You may not assign or transfer these Terms or your rights hereunder without our prior written consent. We may assign our rights and obligations under these Terms without restriction.

17. Force Majeure

We shall not be liable for any failure or delay in performing our obligations where such failure or delay results from circumstances beyond our reasonable control, including but not limited to acts of God, natural disasters, pandemic, war, terrorism, labor disputes, government actions, power failures, or internet disruptions.

18. Contact Information

For questions about these Terms, contact us at:

FRVAS Operated by The Vanderbilt Portfolio AG Email: info@frvas.com Website: https://frvas.com/

For privacy-related inquiries, please see our Privacy Policy. For information about our data sources and editorial process, see our Methodology page.

19. Digital Asset Content Disclaimer

The Site publishes content related to virtual asset service providers (VASPs), tokenized real-world assets, blockchain infrastructure, cryptocurrency exchanges, stablecoins, central bank digital currencies, and related financial technology. Content covers regulatory frameworks including VARA (Dubai), ADGM FSRA (Abu Dhabi), and DFSA (DIFC), as well as entities operating under these frameworks. References to specific companies, investment platforms, tokenized instruments, or regulatory approvals are for informational purposes only and do not constitute endorsement, recommendation, or verification of any entity’s regulatory status, financial condition, or suitability for investment. Users should independently verify all regulatory licenses, compliance status, and financial claims with the relevant authorities including VARA, ADGM FSRA, DFSA, the Central Bank of the UAE, and the Securities and Commodities Authority before making any investment or business decisions.

20. Cross-Border Access and Jurisdictional Limitations

FRVAS content is published for a global audience but focuses specifically on UAE-based regulatory frameworks, platform operations, and market dynamics. The Site is accessible globally but content focuses on UAE-specific regulatory frameworks, market data, and platform analysis. Users accessing the Site from jurisdictions outside the UAE should be aware that regulatory frameworks, licensing requirements, tax treatments, and investment eligibility criteria described in our content apply specifically to the UAE and may differ significantly from their home jurisdiction. Access to platforms described on the Site — including PRYPCO Mint (currently limited to UAE ID holders during the pilot phase), SmartCrowd, and Stake — may be restricted based on the user’s jurisdiction of residence. Nothing on this Site constitutes an offer, solicitation, or recommendation to purchase, sell, or hold any virtual asset, tokenized instrument, or investment product in any jurisdiction where such activity would be unlawful.

21. Market Data and Financial Information

The Site may reference market data, transaction volumes, fund sizes, investment amounts, returns on investment, property valuations, bond issuance figures, and other financial metrics sourced from public disclosures, regulatory filings, press releases, and third-party research. All such figures are provided for informational context only and may be subject to revision, restatement, or correction by the original source. Past performance data, including but not limited to platform returns, property appreciation figures, and investment yields, does not guarantee future results. The volatile nature of digital assets, tokenized instruments, and cryptocurrency markets means that values can fluctuate significantly. Users bear sole responsibility for their investment decisions and should conduct independent due diligence appropriate to their financial circumstances and risk tolerance.

22. Tokenized Real-World Asset Content and Emerging Market Risks

The Site publishes extensive analysis of tokenized real-world assets including tokenized real estate, digital bonds, tokenized sukuk, and fractional property investment platforms operating within the UAE. Readers should understand that real-world asset tokenization is an emerging field with limited historical performance data. Platforms referenced on the Site — including PRYPCO Mint, SmartCrowd, and Stake — operate under various regulatory frameworks including VARA, DFSA, and SCA licensing, but regulatory authorization does not constitute a guarantee of platform solvency, operational continuity, or investment performance. The Dubai Land Department’s projection that tokenized real estate may reach $16 billion by 2033 represents a forward-looking estimate based on current growth trajectories and is subject to revision based on market conditions, regulatory changes, and macroeconomic factors. Similarly, references to specific transaction values such as the DAMAC-MANTRA deal valued between $1 billion and $3 billion, MAG-MultiBank’s $500 million collaboration, or First Abu Dhabi Bank’s $272 million tokenized bond represent reported figures that may differ from final settlement amounts. Users should recognize that tokenized assets may have limited secondary market liquidity, that token valuations may diverge from underlying asset valuations, and that smart contract risks including code vulnerabilities and oracle failures may affect token holder rights. The Site does not provide investment advice, tax guidance, or legal counsel regarding tokenized asset investments.