Real World Assets (RWAs)
Bringing RWAs to Cardano
CSWAP has been paving the way in bringing real world assets to Cardano. The tokenization of real world assets is a crucial step in integrating blockchain into the real world and driving blockchain adoption.
Bringing safe haven assets On-Chain
CSWAP has brought silver on-chain with the launch of its first real-world asset (RWA) offering: the American Silver Eagle collectible coin, which is made of 99.9% silver and is in uncirculated condition.
This small-scale proof of concept consists of 100 Silver American Eagles, securely vaulted at Umpqua Bank and insured by SDBIC.
Each coin is uniquely represented by a 1:1 NFT, which includes detailed information about the asset, including any unique traits, as well as it was authenticated, vaulted, and insured. Additionally, each NFT is accompanied by a certificate confirming the user’s ownership and transfer rights.
Since this launch is only a small scale proof of concept, although physical will be possible on an infrequent basis, it would not be cost-effective at the current scale of the company. However, as the project scales, more frequent physical redemptions may become feasible.
The primary goal remains to enhance the liquidity of these assets, making them easily tradable among users and opening new opportunities for ecosystem participants.
Users are able to buy, sell, and also make markets and earn fees by providing RWA/ADA liquidity for these assets here:
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