Risk disclosure

Risk disclosure

This page summarises key risks associated with digital assets and with quantitative research models developed by DFI Labs SAS. DFI Labs is a research and technology company; it does not contract with investors for regulated services, manage client money, execute orders, monitor client portfolios, hold client assets or private keys, or provide portfolio management, investment advice, custody or crypto-asset services.

1. Eligibility and jurisdiction

DFI Labs works with authorised asset managers and institutional counterparties. Any regulated service, product or mandate associated with a research model is offered and contracted solely by the relevant authorised manager, subject to its own eligibility, suitability and jurisdictional controls. DFI Labs does not onboard investors.

2. Digital-asset risk

Digital assets are highly volatile, speculative, and may experience sudden and severe price movements. Liquidity can evaporate without warning. Trading venues may suspend withdrawals, become insolvent, or be subject to regulatory action. Smart-contract, custodial, and operational risks may result in the total or partial loss of invested capital.

3. Quantitative-strategy risk

Systematic strategies rely on statistical models that may fail to anticipate market regimes, structural breaks, or extreme events. Past performance is not indicative of future results. Back-tested or simulated performance has inherent limitations and should not be relied upon as a reliable indicator of live performance.

4. Regulatory status

DFI Labs SAS develops quantitative research models, methods and data infrastructure. It does not contract with investors for regulated services, manage client money, execute orders, monitor or control client portfolios, hold client assets or private keys, or provide portfolio management, investment advice, custody or crypto-asset services.

Rcube Asset Management is a French portfolio management company authorised and supervised by the Autorité des marchés financiers under number GP-13000027. It is also authorised to provide crypto-asset services in France under PSCA/CASP authorisation N2026-007 for advice on crypto-assets and portfolio management on crypto-assets. Where a DFI Labs research model is implemented, Rcube Asset Management is solely responsible, as applicable, for investor contracting and onboarding, regulated portfolio management, order decisions and execution oversight, risk oversight, control, supervision and crypto-asset services. DFI Labs acts only as a provider of quantitative research, technology and decision-support signals.

5. No guarantee of return

No representation or warranty is given that any strategy will achieve its objectives, deliver positive returns, or avoid losses. Investors may lose a substantial portion or all of their invested capital.

6. Forward-looking statements

Any forward-looking statement contained on this website is subject to risks and uncertainties that could cause actual results to differ materially. DFI Labs assumes no obligation to update such statements.

7. Third-party information

This website may reference or link to third-party data, including price feeds from cryptocurrency exchanges and market data providers. Such data are believed reliable but are not independently verified and may contain errors, delays, or omissions. DFI Labs accepts no liability in connection with such third-party information.

8. Tax considerations

Tax treatment of digital assets and of systematic strategies varies by jurisdiction and personal circumstances. Prospective investors should consult their own tax advisers before making any investment decision.

9. Contact

Questions regarding this disclosure or the research models described on this website may be directed to hello@dfi-labs.com.