Masterworks 123, LLC is an alternative asset investment vehicle and special purpose entity established to acquire, hold, manage, and facilitate fractional ownership in high-value fine art. Founded in 2022 and headquartered in New York, New York, the company operates as a subsidiary of Masterworks.io, LLC and is managed by Masterworks Administrative Services, LLC. The company focuses on the securitization and commercial asset management of post-war and contemporary blue-chip art, specifically holding title to the 2006 painting Glatt by acclaimed German artist Albert Oehlen. Masterworks 123, LLC serves individual, high-net-worth, and institutional investors across the United States and global alternative investment markets seeking portfolio diversification and capital appreciation through fractional art equity. The company offers a specialized suite of asset securitization and investment products, which include: Class A ordinary shares of membership interest issued pursuant to Tier 2 of Regulation A under the Securities Act of 1933; professional artwork custody, physical preservation, and insurance management services conducted in specialized climate-controlled fine art storage facilities; secondary market equity liquidity facilitation through quotation on alternative trading systems and the Over-the-Counter market under the ticker symbol MTWXS; and asset liquidation and capital distribution services executing targeted 3-to-10-year holding strategies with eventual private or auction sales of the underlying artwork to return net proceeds to shareholders. In recent developments, Masterworks 123, LLC completed its Regulation A offering and secured secondary market trading eligibility on the OTC Markets under the symbol MTWXS, expanding trading access and liquidity for public market participants. Additionally, over the past two years, the entity has maintained active regulatory compliance through regular semi-annual and special reporting filings with the U.S. Securities and Exchange Commission, while continuing ongoing portfolio surveillance, artwork maintenance protocols, and valuation assessments managed through Masterworks' proprietary art market data analytics infrastructure.