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The standard

VORUNEX Verified RWA Admission Standard

Version 1.0, effective 01 Sep 2026. Published in full so issuers know what is asked and investors know what was checked.

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Real Estate
Descriptors: Residential, Commercial, Industrial and logistics, Hospitality, Mixed-use, Development. The annex names the class KPIs, the evidence required for Standard 1 and Standard 4, and the specialist pool that reviews the class.
Minerals and Natural Resources
Descriptors: Gold mining, Copper, Lithium, Iron ore, Exploration, Royalty. The annex names the class KPIs, the evidence required for Standard 1 and Standard 4, and the specialist pool that reviews the class.
Energy Resources
Descriptors: Oil, Gas, Midstream, Royalty interest. The annex names the class KPIs, the evidence required for Standard 1 and Standard 4, and the specialist pool that reviews the class.
Physical Commodities
Descriptors: Gold bullion, Silver bullion, Diamonds, Base metals, Warehouse receipts. The annex names the class KPIs, the evidence required for Standard 1 and Standard 4, and the specialist pool that reviews the class.
Energy and Renewables
Descriptors: Solar, Wind, Hydro, Battery storage, Geothermal. The annex names the class KPIs, the evidence required for Standard 1 and Standard 4, and the specialist pool that reviews the class.
Infrastructure
Descriptors: Ports, Toll roads, Airports, Data centres, Telecom towers, Water. The annex names the class KPIs, the evidence required for Standard 1 and Standard 4, and the specialist pool that reviews the class.
Agriculture and Land
Descriptors: Farmland, Timberland, Crop, Livestock, Water rights. The annex names the class KPIs, the evidence required for Standard 1 and Standard 4, and the specialist pool that reviews the class.
Luxury and Collectibles
Descriptors: Watches, Fine art, Classic cars, Wine, Jewellery. The annex names the class KPIs, the evidence required for Standard 1 and Standard 4, and the specialist pool that reviews the class.
Private Credit
Descriptors: Trade finance, Real estate debt, SME loans, Receivables, Infrastructure debt. The annex names the class KPIs, the evidence required for Standard 1 and Standard 4, and the specialist pool that reviews the class.
    Admission Standard: Asset-Class Annexes, VORUNEX