Funding
Funding not disclosed
Founders
Product
Problem
Individuals and businesses often face liquidity constraints when their wealth is tied up in illiquid physical assets such as precious metals, jewelry, or fine art. The traditional process of unlocking capital from these assets is cumbersome, time-consuming, and may require outright sale, leading to a loss of ownership and potential future appreciation.
Solution
RealWorld provides a decentralized platform that transforms physical valuables into liquid financial assets. The service facilitates the secure onboarding of assets into insured, third-party custody facilities, where they are digitally represented on the blockchain. This digital representation enables users to borrow against their assets, set their own loan terms, and negotiate with a global network of lenders. Additionally, the platform supports peer-to-peer trading of these tokenized assets, allowing for global transactions 24/7. Users can also reinvest borrowed funds or earn returns by lending to others, effectively unlocking the financial potential of their physical holdings without relinquishing ownership.
Target Audience
The platform targets individuals and businesses holding significant physical valuables who require liquidity, investment opportunities, or a more efficient way to trade these assets.
Features
- Secure, insured custody of physical assets (gold, jewelry, art, watches, wine) through a network of specialized third-party custodians.
- Blockchain-based tokenization of physical assets, creating digital representations for on-chain transactions.
- Peer-to-peer lending marketplace allowing users to set loan terms and connect with lenders.
- Global, 24/7/365 marketplace for buying and selling tokenized physical assets.
- Rigorous KYC/AML compliance procedures for all participants.
- Provenance verification and standardized condition reporting for all onboarded assets.
- Option for users to take physical possession of their assets upon request.
- API integrations with brokers for seamless asset conversion and onboarding.