📥Listing Eligibility

Our listing thesis is simple: bring institutional-grade RWAs on-chain because access to premium investments shouldn't be limited to the 1% of the globe.

The criteria outlined are indicative and subject to change based on the asset type. They serve as a general guideline for evaluating listings but do not guarantee acceptance.

• Revenue Generation and Growth Potential: The company should have a business model that generates revenue and has the potential for significant growth in the future. This means that the company should have a clear plan for increasing revenue, expanding into new markets, and developing new products or services that can drive growth.

• Historical profitability: The company should have a track record of profitability, with stable and predictable cash flow and earnings before interest, taxes, depreciation, and amortization (EBITDA). This shows that the company has a strong financial foundation and can generate consistent returns.

• Align with ESGs, and have a positive societal and environmental impact: This means that the company should have policies and practices in place that promote sustainability, ethical business practices, and social responsibility. The company's operations should also minimize their negative impact on the environment and contribute positively to society.

• Growth roadmap and partner strategies: The company should have a clear roadmap for growth, including successful partner and distribution strategies on a small scale. This demonstrates that the company has a plan for expanding its business and reaching new customers.

• Demonstrated Growth: The company should have 5-year budgets that demonstrate growth. This means that the company has a clear plan for increasing revenue and profits over the long term.

• Minimal debt or legal claims: The company should have no significant debt or legal claims against them. This shows that the company has a strong financial position and is not at risk of defaulting on its obligations.

• Diversified Sales Pipeline: The company should have a sales pipeline of at least four times its revenue, and should generate no more than 80% of its revenue from 20% of its customers in the portfolio. This demonstrates that the company has a diversified customer base and is not overly reliant on a small number of customers.

• Financial Reporting: The company should have a financial department capable of presenting weekly or monthly status reports and issuing warnings if actual returns do not meet agreed budgets. This ensures that the company has a strong financial reporting system in place and can quickly identify any issues that may arise.

• Targeted Deals: The company should have assets that offer target yields in the 6-12% range. This ensures alignment with our investment criteria and focus on opportunities that deliver strong returns.

• Exceptional Assets: In select cases, high-value collectibles and luxury assets may be considered even without traditional yield metrics, provided they meet the following conditions:

  • Authentication and valuation by internationally recognized experts in the respective field

  • Demonstrated historical appreciation or strong potential for value preservation

  • Cultural, historical, or artistic significance that contributes to their long-term value

  • Clear provenance and documentation of ownership history

  • Adequate insurance and secure storage solutions