The tokenization of Real-World Assets (RWAs) is where the promise of blockchain technology meets the tangible value of the physical world. This groundbreaking process involves creating a digital token that legally represents ownership of a real-world asset—be it real estate, private equity, fine art, or a debt instrument. This is not just another cryptocurrency; it is a profound legal and financial innovation that unlocks liquidity and enables fractional ownership. Our firm provides the essential legal architecture to ensure each token is a legally robust, compliant, and bankable representation of its underlying asset.
Our service is indispensable for real estate developers, asset managers, and entrepreneurs seeking to tokenize real estate, equity, or other assets. Our advisory process provides a complete legal and regulatory roadmap for RWA tokenization. The first and most critical stage is legal structuring and SPV formation. The cornerstone of any tokenization project is the legal structure linking the token to the asset. We are experts in creating the Special Purpose Vehicle (SPV) that legally holds title to the real-world asset and architecting the framework to ensure token ownership represents a direct, enforceable claim on that asset.
The second stage is securities law compliance. Tokens backed by real-world assets are almost invariably classified as securities. We manage the entire compliance process: preparing the offering prospectus in line with the Georgian Law on Securities Market and navigating the approval process with the National Bank of Georgia (NBG). Finally, we draft the full suite of documents that govern the ecosystem—the Tokenization Agreement, Trustee Agreement, and platform terms of service. These documents define the rights of token holders, the responsibilities of the asset manager, and the procedures for governance, valuation, and redemption, creating a clear framework for all participants.