RWA in Practice
Tokenization for industry and institutions
What tokenization is, why issuers do it, what it costs and how it runs, end to end. Built for the people who structure, sell and sign the deals.
Your path through the track
12 modules, in order, then the capstone. Pick a stop on the path to see its lessons.
Why tokenize, and when not to
- 1.1What changes for issuers and investors
- 1.2Settlement, access and distribution
- 1.3The liquidity myth
- 1.4Where tokenization fails
One real step from module 4.
Every step in the track runs like this one. Learn, practice with Metatron AI, then a check. It takes about three minutes.
You own a share of the vehicle, not the bricks
In the most common structure, a special-purpose vehicle (SPV) owns the asset. Investors hold tokens that represent interests in that SPV.
The token is the record of ownership and the rail for transfers and distributions. The legal rights come from the SPV's documents.
Tap each part of the structure to see what it does.
By the end of the track
Private cohorts for developers, law firms, banks and funds, with case studies built on your own assets under NDA.
- Decide whether an asset is worth tokenizing, with the numbers to back it.
- Structure an issuance: the vehicle, the offering regime, the investors and the transfer rules.
- Build the cost model and the timeline of a real issuance.
- Choose platform, chain, custody and transfer agent with clear criteria.
- Run the issuance after launch: reporting, distributions and redemptions.
The work you hand in
Take one asset, a building, a debt-fund tranche or company shares, from term sheet to a test issuance: the structure, the cost model and timeline, a permissioned token on a test network with whitelisted investors, a distribution and the first investor report.
- Every stepA short check before you move on.
- Every moduleA scenario you solve with Metatron AI.
- The capstoneReviewed against a published rubric.
- Final examTimed, open notes, no AI help.
Ready for RWA in Practice?
Founding members get first seats and founding pricing.