Market and liquidity
Gold reference value can move. Execution prices can differ. Liquidity is not guaranteed.
Technology and device
Software defects, hardware failure, compromise, compatibility problems and new attack methods can affect bearer operation.
Offline risk
Operating without current network information increases exposure to stale certificates, security state and reference data.
Recovery risk
Bearer characteristics can conflict with account style recovery. The final recovery architecture remains an open gate.
Regulatory risk
Classification and supervisory requirements may alter issuance, trading, privacy, reserve, onboarding or geographic availability.
NĪNUOR is developed and owned by MAS FRANCE SAS. Regulated operating roles will be identified separately where required before activation.