💳Settlement at Maturity

When an asset is bought on the RWA Marketplace, the asset originator puts up a real-world asset as collateral. The asset buyer, who is buying the asset, receives the asset details and can track the asset through the platform.

On the due date, the asset originator must repay the amount along with the agreed-upon interest rate. If the amount is not repaid on time, the asset buyer has the right to claim the collateralized asset. However, the RWA Marketplace has insurance partners and a loss pool in place to ensure that the Asset Buyer is compensated appropriately.

Assuming the amount is repaid on time, the Asset Buyer will receive the amount and interest in their wallet directly at which point the status of the asset (NFT) will be updated to Settled.

Overall, the settlement process is straightforward and transparent, giving both the asset originator and asset buyer confidence in the transaction.