Platform
Three asset classes.
One compliant infrastructure.
PazaLabs brings mortgage pools, hard assets, and receivables on-chain through legally sound SPV/Trust wrappers, ERC-3643 permissioned tokens, and AI-driven due diligence — all in a single integrated platform.
Mortgage-Backed Loan Pools
On-chain securitization for mortgage originators and aggregators who need to free up balance-sheet capital without losing regulatory standing. PazaLabs pools mortgage loans into a Trust/SPV, issues ERC-3643 tokens backed by the pool's cash flows, and structures them into senior and junior tranches with fully transparent waterfall mechanics.
Who it's for
- Mortgage originators seeking balance-sheet liquidity
- Aggregators managing multi-originator loan pools
- Asset managers needing compliant fixed-income exposure
- Regional banks looking to offload mortgage risk
Legal Structure
SPV / Trust
Token Standard
ERC-3643
Tranche Model
Senior / Junior
Compliance
SEC Reg D / ESMA
Cash Flows
Waterfall Distribution
Transfers
KYC/AML Permissioned
How Mortgage Tokenization Works
Asset Origination & Pooling
Mortgage loans are originated, underwritten, and pooled by the originator. PazaLabs' GenAI-RAG engine validates each loan document, flags anomalies, and scores the pool.
SPV / Trust Formation
An SPV or Trust is structured as the legal vehicle that holds the mortgage pool. Legal title transfers to the Trust, isolating assets from originator credit risk.
Tranche Structuring
The pool is divided into senior tranches (priority repayment, lower yield) and junior tranches (subordinated, higher yield) with waterfall mechanics written into the smart contract.
ERC-3643 Token Issuance
Permissioned tokens representing each tranche are issued on-chain. Transfer rules enforce KYC/AML compliance — only verified holders can transact.
On-Chain Cash Flows
Mortgage payments flow into the SPV, are distributed automatically per the waterfall, and are reported transparently on-chain to all token holders in real time.
Hard Asset Tokenization
Fractional ownership of real estate, ships, aircraft, and industrial machinery — with enforceable economic rights embedded directly in each token. A Trust/SPV custodies the physical asset while PazaLabs issues ERC-3643 tokens that give holders proportional income rights, governance participation, and secondary market liquidity.
Who it's for
- Commercial real estate owners seeking capital without full divestiture
- Ship and fleet operators needing working capital
- Industrial equipment owners monetizing underutilized assets
- Institutional investors seeking yield-bearing alternative assets
Asset Types
RE / Ships / Machinery
Legal Structure
Trust / SPV Custody
Token Rights
Income + Governance
Fractionalization
Configurable Lots
Valuation
Periodic Independent
Exit
Secondary Pool / Buyback
Hard Asset Tokenization Process
Asset Onboarding & Valuation
The physical asset is onboarded with independent valuation, title verification, and insurance documentation. The GenAI-RAG engine validates all supporting documents.
Trust / SPV Custody
Legal ownership of the asset transfers into a purpose-built Trust or SPV. This entity is the token's backing collateral and is bankruptcy-remote from the issuer.
Fractionalization Design
Total asset value is divided into a defined lot size. Each lot becomes a token with proportional income rights, governance weight, and liquidation priority.
Token Issuance & Distribution
ERC-3643 tokens are issued to verified investors. Smart contracts encode income distribution rights, transfer restrictions, and governance rules.
Ongoing Asset Management
Asset performance data (rental income, utilisation rates, valuations) is published on-chain. Token holders receive income distributions automatically.
Evergreen Short-Term Asset Pools
Dynamic, continuously replenished pools of short-duration receivables — auto loans, BNPL/eCommerce receivables, MSME invoices, and trade finance — that generate steady, predictable yield. As loans mature, new assets enter the pool automatically, maintaining constant exposure and duration profile.
Who it's for
- BNPL and eCommerce platforms monetizing receivables
- Auto finance companies seeking off-balance-sheet funding
- MSME lenders scaling their loan book
- Investors seeking short-duration yield with high diversification
Asset Types
BNPL / Auto / MSME / Trade
Pool Mechanics
Evergreen (Self-Replenishing)
Duration
30–180 Days
Yield Type
Variable / Structured
Monitoring
Real-Time AI
Compliance
Multi-Jurisdiction
Evergreen Pool Mechanics
Receivables Origination
New receivables (invoices, BNPL tickets, auto loans) are originated by the platform partner and submitted to the pool with full documentation.
AI Validation & Scoring
The GenAI-RAG engine validates each receivable in real time — checking documentation, counterparty credit, fraud signals, and concentration limits before pool entry.
Pool Entry & Token Minting
Validated receivables enter the evergreen pool. Token supply adjusts dynamically: new tokens are minted as new assets enter; tokens are retired as receivables mature and repay.
Yield Distribution
Interest and principal repayments flow into the pool contract and are distributed to token holders proportionally on a defined schedule (daily, weekly, monthly).
Continuous Replenishment
As existing receivables mature, the originator supplies new ones, maintaining the pool's target duration and yield profile — hence 'evergreen.'
Ready to tokenize your assets?
Book a session with our structuring team and we'll scope the right asset class and legal wrapper for your use case.