🏦Delays and Defaults

In the event of a default, the RWA Marketplace will pay the Asset Buyer from the loss pool and trigger the insurer from their end. If the insurance pool is not sufficient, the Asset Originator will trigger the insurance in the real world and recover the funds, once the funds are recovered they will be given to the Asset Buyer. At no point do we expect the Asset Buyer to try to go to court or talk to insurance partners to get their money back.

Assuming the amount is repaid on time, the Asset Buyer receives the amount and interest in their wallet directly. The status of the asset is then updated to settled.

Overall, the RWA Marketplace provides a transparent and straightforward process for settling assets, giving both the Asset Originator and Asset Buyer confidence in the transaction.