Definitions & Taxonomy

Column Definitions

These are the canonical meanings for columns used on the RWA Dashboard.

• Ticker: Canonical ticker symbol assigned to the asset or platform.

• Name: Human-readable name of the asset or platform.

• Website: Official website for the issuer, asset, or platform.

• Twitter: Official social account for the issuer, asset, or platform.

• Primary Chain: Primary blockchain used for the asset.

• Chain: All supported chains for the asset, if applicable.

• Contracts: Contract addresses for the asset across supported chains.

• Category: High-level category grouping for the asset or platform.

• Asset Class: Specific asset class within the category.

• Type: Whether the row represents an Asset, Platform, or Wrapper.

• RWA Classification: High-level classification describing the economic nature of the entry.

• Access Model: Indicates how users interact with the asset.

• Issuer: Legal issuer entity or responsible party.

• Issuer Source Link: Primary source link supporting issuer and product claims.

• Issuer Registry Info: Registry details for the issuer, including addresses, and custodian notes when applicable.

• ISIN: International Securities Identification Number, if applicable.

• Attestation Links: Links to proof-of-reserves, attestations, audits, or reserve reports.

• Attestations: Whether the asset has attestations.

• Redeemable: Whether the asset can be redeemed for the underlying or a cash equivalent per documented terms.

• CEX Listed: Whether the asset is available to trade on a centralized exchange.

• KYC for mint/redeem: Whether issuer minting and/or redemption requires identity verification.

• KYC/Allowlisted/Whitelisted to Transfer/Hold: Whether holding or transferring requires allowlisting or whitelisting.

• Transferable: Whether the token can be transferred onchain.

• Self Custody: Whether users can hold the token in a self-custody wallet.

• Description/Notes: Summary of structure, backing, mechanics, and constraints.

• Parent Platform: Parent platform grouping when an asset is issued or managed under a broader platform.

Type Taxonomy

Use these as the standardized Type values on the RWA Dashboard.

• Asset: Primary token representing real-world asset exposure being tracked, not the platform enabling issuance, and not a wrapper of another tracked asset.

• Platform: Protocol, issuer, or infrastructure entry that enables issuance, custody, trading, or management of RWAs, but is not the RWA exposure token itself.

• Wrapper: Token that wraps, pools, tranches, or strategies one or more underlying assets, creating RWA exposure via a derivative or structured product.

Category Taxonomy

Use these as the standardized Category values on the RWA Dashboard.

• Carbon Credits & Environmental Assets: Tokenized carbon credits and other environmental assets, including avoidance and removal instruments.

• Fiat-Backed Stablecoins: Stablecoins designed to track a fiat currency, backed mainly by cash, deposits, and short-dated government securities.

• Governance & Protocol Tokens: Tokens used to govern RWA-related protocols. They do not represent direct claims on RWAs.

• Non-RWA Stablecoins: Stablecoins targeting a peg using onchain collateral or mechanisms, rather than direct backing by real-world assets.

• Stablecoins backed by RWAs: Fiat-pegged stablecoins whose primary backing is RWAs, commonly tokenized Treasuries, credit instruments, or other yield-bearing RWAs.

• Tokenized Commodities: Tokens representing commodity exposure, including precious metals, energy, industrial metals, and related baskets.

• Tokenized Credit & Private Debt: Tokens representing loans, receivables, invoices, and other credit instruments backed by off-chain cashflows.

• Tokenized Equities & Public Securities: Tokens representing exposure to publicly traded equities, ETFs, and other listed securities.

• Tokenized Funds: Tokenized shares or units of investment funds, including money market funds, Treasury funds, credit funds, and diversified RWA funds.

• Tokenized Real Estate: Tokens representing real estate interests, fractional ownership, or revenue participation linked to property assets.

• Tokenized Treasury & Bonds: Tokens representing government debt instruments or bond exposure, including Treasury bills and sovereign bonds.

• Tokenized Alternative Assets: Tokens representing alternative assets that do not fit other categories, such as collectibles and royalties.

• RWA Marketplaces & Infrastructure: Platforms and infrastructure providers enabling tokenization, issuance, compliance, settlement, and secondary markets for RWAs.

Asset Class Taxonomy

Use these values to standardize Asset Class within each Category.

Fiat-Backed Stablecoins

• USD fiat stablecoin: USD-pegged stablecoin backed mainly by cash, bank deposits, and short-dated government securities.

• EUR fiat stablecoin: EUR-pegged stablecoin backed mainly by cash, bank deposits, and short-dated government securities.

• Other fiat stablecoin: Fiat-pegged stablecoin (non-USD, non-EUR) backed mainly by cash, deposits, and short-dated government securities.

• Bank deposit token: Token representing a claim on bank deposits, or a tokenized bank deposit product, with bank-held backing.

• Yield-bearing fiat stablecoin: Fiat-pegged stablecoin designed to pass through yield from reserves to holders, directly or indirectly.

Stablecoins backed by RWAs

• Treasury-backed stablecoin: Fiat-pegged stablecoin backed primarily by Treasury bills or other short-dated sovereign debt.

• Credit-backed stablecoin: Fiat-pegged stablecoin backed primarily by credit instruments such as private credit, loans, or structured credit.

• Mixed RWA-backed stablecoin: Fiat-pegged stablecoin backed by a diversified mix of RWAs, typically including both Treasuries and credit.

Non-RWA Stablecoins

• Crypto-backed stablecoin: Stablecoin backed primarily by onchain crypto collateral, often overcollateralized.

• Algorithmic stablecoin: Stablecoin that targets a peg using algorithmic mechanisms rather than direct reserve backing.

• Synthetic dollar: Dollar-pegged exposure created through derivatives, hedging, or synthetic mechanisms, rather than direct reserves.

Tokenized Treasury & Bonds

• Tokenized Treasury bills: Token representing exposure to short-dated government bills, typically Treasury bills.

• Tokenized sovereign bonds: Token representing exposure to sovereign bonds beyond bills, with longer duration risk.

• Tokenized corporate bonds: Token representing exposure to bonds issued by corporations.

• Bond fund: Tokenized fund share primarily holding bonds (sovereign, corporate, or mixed), rather than a single bond exposure.

• Treasury fund: Tokenized fund share primarily holding Treasury bills, Treasury notes, or similar sovereign debt instruments.

Tokenized Funds

• Money market fund: Tokenized fund share targeting capital preservation and liquidity through cash-equivalents and short-dated instruments.

• Treasury fund: Tokenized fund share primarily holding Treasury bills, Treasury notes, or similar sovereign debt instruments.

• Credit fund: Tokenized fund share primarily holding credit instruments (private credit, structured credit, corporate credit, or similar).

• Mixed RWA fund: Tokenized fund share holding a diversified mix of RWAs across multiple asset types.

• Tokenized crypto fund: Tokenized fund share providing managed exposure to crypto assets through a fund structure.

Tokenized Credit & Private Debt

• Private credit token: Token representing exposure to private credit arrangements, including loans and credit facilities.

• Invoice or receivables token: Token representing exposure to invoices, receivables, or similar short-dated cashflow claims.

• Real estate debt token: Token representing exposure to debt secured by real estate, including mortgages and property-backed loans.

• Consumer debt token: Token representing exposure to consumer credit, such as personal loans or similar consumer receivables.

• SME or business debt token: Token representing exposure to small and medium enterprise debt, or broader business lending.

Tokenized Real Estate

• Fractional real estate token: Token representing a fractional interest in real estate ownership, or an equivalent ownership-linked structure.

• Real estate revenue share: Token representing participation in property-linked revenues (rent, cashflows, or profit participation) without direct title ownership.

• Tokenized REIT exposure: Token representing exposure to REIT-like structures or portfolios of real estate securities.

Tokenized Equities & Public Securities

• Tokenized equity: Token representing economic exposure to a publicly traded equity.

• Tokenized ETF: Token representing economic exposure to an exchange-traded fund, or ETF-like basket.

• Tokenized index exposure: Token representing economic exposure to an index or index-tracking basket of public securities.

Tokenized Commodities

• Allocated gold token: Gold exposure where specific allocated bars are held, with identified custody and documented allocation.

• Unallocated gold token: Gold exposure backed by unallocated gold claims, or pooled metal exposures without bar-level allocation.

• Silver token: Token representing economic exposure to silver.

• Platinum token: Token representing economic exposure to platinum.

• Palladium token: Token representing economic exposure to palladium.

• Energy commodity token: Token representing economic exposure to energy commodities (oil, gas, or similar).

• Industrial metals token: Token representing economic exposure to industrial metals (copper, aluminum, and similar).

• Commodity basket token: Token representing exposure to a basket of multiple commodities.

Carbon Credits & Environmental Assets

• Carbon credit token: Token representing carbon credits, typically tied to a specific standard, registry, or project type.

• Carbon pool token: Token representing pooled carbon credit exposure across multiple credit types or projects.

• Removal credit token: Token representing credits tied specifically to carbon removal activities, rather than avoidance.

Tokenized Alternative Assets

• Collectibles token: Token representing exposure to collectibles or similar non-traditional assets (art, trading cards, and similar).

• Royalties token: Token representing exposure to royalty streams or revenue participation rights.

• Other alternative asset token: Token representing alternative assets that do not fit other defined asset classes.

Governance & Protocol Tokens

• Governance token: Token that primarily confers governance rights over a protocol or platform.

• Utility token: Token that primarily provides utility within a protocol or platform, rather than representing an RWA claim.

RWA Marketplaces & Infrastructure

• Tokenization platform: Platform providing issuance and lifecycle management for tokenized RWAs.

• RWA marketplace: Platform focused on discovery, trading, and distribution of tokenized RWAs.

• Compliance and identity rails: Infrastructure supporting compliance, identity, allowlisting, transfer controls, and related requirements.

• Custody and settlement rails: Infrastructure providing custody, settlement, and asset servicing for tokenized RWAs.