LONDON and ATHENS, Dec. 7, 2023 – Mintus Global Limited (Mintus), announces that Eurobank Asset Management MFMC (Eurobank Asset Management), a 100% owned subsidiary of Eurobank S.A. has acquired a minority stake in Mintus Global Limited (Mintus). This investment will trigger further collaboration between the parties in the field of alternative investment asset categories.

The collaboration will combine Eurobank’s expertise across alternatives with Mintus’ high-tech solutions offered through the cutting edge fractionalized alternative asset platform operated by its FCA regulated subsidiary, Mintus Trading Limited and enabling Mintus to offer access to a diversified set of alternative assets.

“Our investment in Mintus underscores Eurobank Asset Management ‘s commitment to harnessing breakthrough technology to benefit our clients,” said Theofanis Mylonas, CEO of Eurobank Asset Management MFMC. “This move builds upon Eurobank Asset Management’s history of seeking innovative opportunities to add value for our stakeholders. The resulting forward-looking approach to asset management will strengthen our position at the forefront of the global financial landscape.”

“Joining forces with Eurobank Asset Management MFMC solidifies our vision of transforming the future of investing by significantly broadening access to alternative assets,” remarked Tamer Ozmen, Founder and CEO of Mintus. “We believe that providing people with increased investment opportunities is essential to greater financial independence and collective prosperity.”

The move comes as demand for alternative assets has increased, due to their attractiveness as a diversification tool offering returns uncorrelated with both the stock and bond market and potential returns. Preqin estimates that alternative assets under management will reach $24.5 trillion by 2028, up from $13.7 in 2021. EY research found the percentage of alternative allocation within portfolios increases with net worth, from 14% for the mass affluent to 81% for ultra-high-net-worth individuals.

“The investment of Eurobank Asset Management in Mintus is a sign that the art market is evolving and a testament to the growing acceptance of shared art ownership,” said Brett Gorvy, Chief Curator, and Chairman of Mintus’ Art Investment Committee. “A more inclusive, democratised art market will benefit both investors and artists in the future.”

About Mintus:

Provides access to otherwise inaccessible alternative asset classes for Family Offices, UHNWs, Institutions and qualifying mass affluent investors and improve portfolio diversification and enhance risk adjusted returns in a highly challenging geo-political and economic environment through an increased allocation to alternative assets on the Mintus platform.  Advanced platform harnesses cutting edge technology facilitate efficient scaling and to provide a best-in-class investor experience in digital assets.  AI capability is applied to asset selection across asset classes. Mintus operates in a regulated environment bringing transparency and builds trust through its PE grade investment committee and asset selection and exit process.