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Iceland

Northern Europe

Geography

The World's Most Active Volcanic Regions

Iceland owes its very existence to a volcanic mantle plume through which magma is able to find its way to the surface.

The country sits on the Mid-Atlantic Ridge and is home to an estimated 130 volcanoes, of which around 35 are active. Approximately one-third of the lava that has spewed from the Earth's surface in the last 500 years is found in Iceland. Some of this lava created the new island of Surtsey, now a UNESCO World Heritage Site, during an eruption that lasted from 1963 to 1967. Most recently, attention has turned to the Reykjanes peninsula, where ongoing activity has been impacting the region since Mount Fagradalsfjall sprang to life in 2021.

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This Market Sector Reached a Record High With Over 132,000 Transactions

Amidst the buzz of AI, interest rates, and elections, the contemporary art market quietly hit a record high with 132,000+ transactions in 2023/24. Representing 17% of the global art market, up from just 3% in 2000, the sector has generated $2+ billion in annual turnover for three straight years post-COVID. For investors on Masterworks, this is the kind of exciting growth you don't want to miss, with $60+ million in proceeds already distributed to investors.

See important disclosures at www.masterworks.com/cd

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