Blockchain Infrastructure for RWA Issuers & Tokenization Platforms

Compliance is the part institutional capital checks first. We build KYC/KYB gating, multi-tier permissioning, investor registries, and jurisdiction-aware transfer rules into the token and vault layer, not as an off-chain gate that the contracts ignore. For Swarm Markets we implemented a full multi-tier permissioning system with 100% KYC coverage across every user and asset on a BaFin-licensed venue (detail below).

For fund and credit products, our VaultOS module set (P1-P5) adds post-issuance distribution control, transfer-restriction enforcement, and an investor registry that stays authoritative after the asset is minted. The result is that an allocator's risk committee can see exactly which addresses are eligible, how redemptions are controlled, and how the rules are enforced.

Those are the questions that otherwise stall an onboarding for months. Compliance overlays and jurisdiction templates are configurable per asset class.

A token represents the asset; a vault runs it. For tokenized fund shares, private-credit pools, and tokenized treasuries, we build vaults on the ERC-4626 standard, and on ERC-7540 where subscriptions and redemptions are asynchronous. That is the realistic case for funds and credit, where entry and exit are not instant and need NAV-aware settlement, role separation, and queued redemptions at institutional quality.

Our VaultOS infrastructure gives the issuer a client-owned control plane: governance, policy, approvals, and redemption controls, with design partners across RWA platforms, custodians, and allocators. For dollar products, we deliver a full ERC-4626 yield-bearing stablecoin stack: a vault, yield-strategy connectors (Aave/Compound lending, Lido/Rocket Pool staking, or tokenized T-bills via Ondo/Mountain Protocol), a liquidation bot, a subgraph, and Safe governance.

A tokenized T-bill or money-market product gets its on-chain distribution layer without a four-to-six-month greenfield build. Start with our tokenized vault infrastructure or yield-bearing stablecoin service.

Tokenized assets need verifiable data: a NAV feed for fund shares, a price feed for traded RWAs, and proof of reserve attesting that the on-chain supply is backed by real custody. We are a core contributor to Chainlink, having delivered external adapters and integration testing across 7+ networks, and we integrate DIA and custom adapters for asset data that standard feeds do not cover.

We wire Chainlink Proof-of-Reserve into the issuance and redemption path so collateral backing is attested on-chain rather than asserted in a PDF, which is the integration institutional investors increasingly require before they allocate. For Swarm Markets we delivered 15+ proof-of-reserve attestations.

Reliable oracles are also what makes the protection layer below possible: parametric triggers only work when the underlying data is trustworthy and multi-sourced. Start with our oracle integration service.

Issuance is half the problem; the other half is liquidity. Large RWA blocks do not belong on a public DEX, where they create slippage, signaling, and MEV exposure, and where pooled tokens become an attractive single target for an attack. dOTC is our decentralized OTC product: a peer-to-peer secondary market with KYC-gated, multi-tier permissioned access, built so RWA holders and market makers meet without forcing flow through public venues.

It supports tokenized RWAs such as AAPL, TSLA, NVDA, and T-Bonds plus 50+ more, with an embeddable widget designed to be discoverable by AI, and a reward mechanism intended to pay liquidity providers a competitive on-chain yield for keeping live bid/ask offers. It is built around Swarm Markets' tokenized-RWA inventory.

The design goal is a complement to public liquidity infrastructure, not a replacement: private execution with on-chain settlement and permissioning. Start with our RWA decentralized OTC service.

The objection that loses the most term sheets is "what happens if something goes wrong operationally?" Audits cover code; they do not cover redemption freezes, custody or SPV breakdown, NAV deviation, or distribution failures. RWArmor, our parametric protection layer, is live on Atomica, the permissionless insurance marketplace Protofire DAO built and operates in production with live coverage programs, including LandX.

It pays out automatically when predefined, objective triggers fire, verified by multi-oracle consensus (UMA, Kleros, and custom adapters) rather than a manual claims process. With LandX it insured 841 hectares and 660,000 kg of crops against loss, and it has validated coverage on $500K of initial loans through Atomica.

The team behind it is not first-time at this: Renat Khasanshyn co-founded Etherisc, the first decentralized insurance protocol on Ethereum (2017). For an issuer, protection is the structural answer that converts a hesitant institutional allocator into a committed one. Start with our RWA insurance service.

Swarm Markets came to us to put regulated financial products on-chain without giving up the core DeFi properties: self-custody, on-chain transparency, and networked liquidity.

Our approach. We built the smart contracts, the multi-tier permissioning and KYC layer, subgraph integrations, and the testing frameworks, and we audited the system, then deployed it on Polygon Layer 2 to cut cost. The architecture combined an AMM, pooled liquidity, and decentralized OTC block trading in one compliant venue, with every user and asset verified before trading.

The outcome. Swarm DEX launched as the world's first BaFin-licensed decentralized exchange supporting both crypto and tokenized real-world assets. Transaction fees dropped ~98% (from $5-10 to $0.05-0.10), the platform onboarded 7,000+ KYC-verified users, and it grew to 50+ trading pairs, including tokenized Apple (AAPL) and Tesla (TSLA) stock, at 100% KYC coverage.

It is the proof that the stack above is not theoretical: compliant, low-cost, tokenized-securities trading running on mainnet. Read the full case study: Swarm Markets DEX.