Verification
RWA Score
A number from 0 to 100 that says how strongly an asset is verified. It is computed from eight categories, capped by published ceilings, and it never describes risk.
An illustration with sample figures. It is not the record of any asset.
Eight categories, one hundred points
Weights sum to 100. Points are earned per criterion inside each category and lost when evidence expires.
| Category | Weight (points) | Illustration |
|---|---|---|
| Legal and Ownership | 20 | 20 |
| Asset Verification | 15 | 14 |
| Issuer and Compliance | 15 | 13 |
| Valuation | 10 | 10 |
| Financial Transparency | 10 | 8 |
| Token and Smart Contract | 10 | 10 |
| Custody | 10 | 9 |
| Lifecycle Reporting | 10 | 10 |
Asset DNA, the same eight axes as the score. An illustration with sample figures. It is not the record of any asset.
Five verification tiers
The tier is a label for the score band. It is shown as a chip next to the numeral, never as a colour alone.
| Tier | Score band | What it means |
|---|---|---|
| Institutional | 90 to 100 | Every gating claim has rank 1 or rank 2 evidence and reporting is current |
| Advanced | 80 to 89 | Strong evidence with minor gaps that do not touch title, custody or supply |
| Standard | 70 to 79 | Verified on the gating claims; some categories rest on attestations |
| Conditional | 60 to 69 | Listed with open conditions written into the passport |
| Not eligible | 0 to 59 | Below the admission floor; the asset does not list |
Published ceilings
A ceiling caps the score regardless of category points. The passport names the ceiling and the reason.
From score model 2026.09-v1, fingerprint 0xf5aade7a3bd322. Every published score names the model it was computed with.
| Condition | Ceiling |
|---|---|
| the issuer's identity is not verified | Capped at 39. A registry record or LEI for the issuer, reviewed by Compliance. |
| there is no legal opinion on the holders' rights | Capped at 49. A legal opinion on what the token holder owns and can enforce, reviewed by Legal Review. |
| there is no independent evidence that the asset exists | Capped at 49. The class's primary existence evidence, such as a registry title, a technical report or a vault receipt, reviewed by Asset Specialists. |
| bankruptcy remote segregation of the asset is not evidenced | Capped at 59. A legal opinion or trust deed showing the asset is segregated from the issuer's estate. |
| a material claim is contradicted by the evidence | Capped at 59. Resolution of the contradiction through an evidence review. |
| the token contract has no audit on file | Capped at 69. An audit of the deployed contract, reviewed by Technical Review. |
| there is no current independent valuation | Capped at 69. A valuation by an independent professional, current for the asset's class. |
| this asset class's annex to the standard is not yet signed off | Capped at 79. Sign off of the class annex by the founder. |
Worked example, an illustration: a total of 94 falls in tier Institutional, with no ceiling applied. It describes no asset on the record. Verification is not investment advice.