Masterworks 136, LLC is an alternative investment vehicle and special purpose entity organized to acquire, hold, manage, and commercially dispose of a single blue-chip fine artwork. The company operates within the alternative asset management and art securitization industry, providing retail, accredited, and institutional investors with fractionalized economic exposure to contemporary fine art without requiring direct ownership or physical custody of high-value cultural assets. Masterworks 136, LLC provides equity investment products in the form of Class A ordinary shares; custodial, insurance, and preservation management for its underlying physical asset, a 1988 painting by American contemporary artist Richard Prince; share liquidity facilitation and public transfer services via over-the-counter secondary market trading under the ticker symbol MWORS; and long-term asset disposition services structured to distribute net capital proceeds to equity holders upon the commercial sale of the artwork. The entity is managed and administered by Masterworks Administrative Services, LLC, an affiliate of sponsor Masterworks, LLC, which handles specialized fine art storage, appraisal oversight, and regulatory administration. In recent operational developments, Masterworks 136, LLC maintains Tier 2 reporting compliance under Regulation A of the Securities Act of 1933, filing periodic Form 1-U disclosures and Form 1-K annual reports with the U.S. Securities and Exchange Commission; continues the secondary market quotation of its Class A equity shares on the OTC Markets platform; and executes periodic estimated Net Asset Value recalculations based on sales-comparison valuation methodologies and independent appraisal reviews conducted in accordance with Uniform Standards of Professional Appraisal Practice. Masterworks 136, LLC was formed on March 2, 2022, and is headquartered in New York, New York.