Capital Markets
Tokenized RWAs
ERC-3643 compliant tokenization of trade finance instruments — receivables, CLO tranches, warehouse receipts — with built-in compliance and transfer restrictions.
Key figures
How it works
From origination to compliant transfer.
Asset originated
Trade finance instrument originated and verified by Caviar's oracle network. Receivable, CLO tranche, or warehouse receipt confirmed on-chain.
Tokenized with compliance
Asset tokenized using ERC-3643 with T-REX compliance rules. Transfer restrictions, investor eligibility, and jurisdiction rules encoded at issuance.
Listed for trading
Tokenized instrument listed on Caviar's exchange or OTC venue. Full oracle-verified data attached to every token for buyer due diligence.
Atomic transfer with KYA
Every transfer validated against compliance rules in real-time. Know Your Asset checks ensure only eligible investors hold each instrument.
Capabilities
Compliant tokenization at scale.
T-REX compliance framework
ERC-3643 T-REX standard enforces transfer restrictions at the token level. Every transfer validated against issuer-defined compliance rules automatically.
Multi-standard support
ERC-3643 for regulated securities, ERC-4626 for vault shares, ERC-6960 for semi-fungible tranches, ERC-721 for unique receivables. Right standard for each asset.
Accredited investor verification
On-chain verification of accredited investor status. Credential-based system checks investor eligibility before every transfer is executed.
Jurisdiction-aware transfers
Transfer rules adapt to the jurisdiction of buyer and seller. US Reg D, Singapore MAS, EU MiFID II compliance enforced per-transaction.
On-chain registry
Complete ownership registry maintained on-chain. Cap table, transfer history, and beneficial ownership transparent to regulators at all times.
Fractional ownership
Minimum investment as low as $1K through fractionalization. Institutional-quality assets accessible to a broader investor base without sacrificing compliance.
Comparison
Traditional vs. Caviar
| Traditional | Caviar | |
|---|---|---|
| Compliance | Manual transfer agent checks | Automated per-transfer validation |
| Minimum investment | $100K–$1M | $1K fractional ownership |
| Transfer speed | Days with transfer agent | Seconds with on-chain compliance |
| Registry | Offline spreadsheet | On-chain, real-time, auditable |
Use cases
Real-world applications
Tokenized receivable pools
Diversified receivable pools tokenized as ERC-4626 vault shares. Investors deposit USDC, receive yield-bearing tokens backed by oracle-verified assets.
CLO tranche tokens
Individual CLO tranches tokenized as ERC-6960 semi-fungible tokens. AAA to equity tranches tradeable with built-in compliance and transfer restrictions.
Warehouse receipt NFTs
Unique warehouse receipts tokenized as ERC-721 with oracle-verified commodity data. Collateral-ready tokens for repo and lending markets.
Tokenize real-world assets.
Compliant tokenization of trade finance instruments. Built-in transfer restrictions, fractional ownership, institutional-grade infrastructure.