SRWA Rail
SRWA Rail is the lifecycle infrastructure layer for institutional RWAs on XRPL, enabling compliant issuance, controlled distribution, RLUSD settlement, and real-time asset operations
Project Information
At a Glance
SRWA Rail is the lifecycle infrastructure layer for institutional RWAs on XRPL, enabling compliant issuance, controlled distribution, RLUSD settlement, and real-time asset operations
Description
SRWA Rail is a lifecycle infrastructure platform for institutional real-world assets on XRPL.
The problem we are solving is not token creation alone. Today, tokenization is increasingly common, but the operational workflow around the asset is still fragmented. Issuers often need separate systems for onboarding, participant approvals, compliance checks, controlled distribution, settlement, and lifecycle monitoring. That fragmentation makes institutional tokenization difficult to operate in practice.
SRWA solves this by providing one unified workflow for the full lifecycle of a tokenized asset. Through our platform, an issuer can onboard, create an asset, configure access rules, approve participants, distribute the asset, settle in RLUSD, and monitor the lifecycle through a single operational control plane.
The product is structured around three surfaces:
- an Issuer Workspace for onboarding and asset creation,
- an Ops Console for approvals, credentials, activations, and exception handling,
- and a Participant Portal for credential acceptance, subscription, market interaction, and settlement visibility.
What makes SRWA special is that it is not just a tokenization interface. It is an infrastructure layer built to make tokenized assets actually usable. We combine issuance, access control, settlement, and auditability into one system.
Our current demo shows a complete institutional flow on XRPL:
- the issuer submits the entity,
- SRWA Ops approves the issuer,
- the issuer creates the asset,
- access is configured through credentials and permissioned controls,
- the participant accepts the credential,
- the participant subscribes,
- settlement goes live.
The same infrastructure can support multiple RWA templates. In the current product vision, this includes both a tokenized treasury / MMF-style flow and a trade finance use case such as soy export settlement with milestone-based releases and dispute handling.
SRWA is designed as infrastructure first: a workflow engine, service layer, and integration layer that can later be consumed through APIs, webhooks, SDKs, and reusable workflow modules.
Technical Details
SRWA Rail is built as a role-based lifecycle control plane on top of XRPL. The frontend is structured into three surfaces: Issuer Workspace, Ops Console, and Participant Portal. Underneath the UI, the core product is a service layer and lifecycle engine that orchestrates issuer onboarding, asset creation, participant approvals, credential flows, settlement, disputes, and utility paths.
On the XRPL side, SRWA is designed around native primitives such as Multi-Purpose Tokens (MPTs) for asset issuance, Credentials for participant eligibility, Permissioned Domains for controlled access, and RLUSD for settlement. The platform also supports event-driven lifecycle tracking so each important state transition becomes part of an auditable timeline.
The current application exposes API routes for issuer onboarding, asset creation, credential actions, domain activation, distribution subscription, market actions, disputes, and vault operations. The architecture is evolving from a lightweight local
Team
1Hugo Noyma
Hackathon
HACK THE BLOCK 2026 Paris Blockchain Week XRPL Hackathon
Duration
Apr 11, 6:30 AM - Apr 12, 6:00 PM UTC