RWA Sonar

Issuer programmes

Who stands behind the token?

One stable dossier per issuer programme: current holder claim, redemption route, control surface, backing evidence, discrepancies and exact Solana assets.

live

Backpack Securities SPCX

The token is, in the issuer's own words, 'a non-negotiable digital record evidencing a pro rata beneficial entitlement (if any)' as beneficiary of a BVI bare trust over a pooled holding of the referenced shares — with no entitlement to any specific identifiable share.

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live

Ondo Global Markets

The holder owns an unsecured-in-form but collateral-secured debt claim on Ondo Global Markets (BVI) Limited — a blockchain-based tracker certificate / structured note whose redemption amount tracks the total return of the referenced share or ETF.

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live

PreStocks

A bearer Token-2022 token that "reference[s] economic exposure to designated pre-IPO companies" and confers "no ownership, voting, dividend, information, or other legal rights".

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live

Republic Mirror

A SENIOR UNSECURED DEBT CLAIM ON REPUBLICX LLC, with a parent keepwell behind it and nothing else.

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live

Shift leveraged tokens

On paper: a membership interest in a designated Series of SHIFT DAO LLC whose sole purpose is to "acquire, hold, and maintain in its treasury assets whose economic performance corresponds to" one named index or stock.

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live

Opening Bell by Superstate

The holder owns the actual registered common share of the listed company — not a derivative, receipt or SPV claim.

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live

Tessera

An unsecured stablecoin-loan participation right against one named Panama issuer entity, repayable only out of Liquidity Event Proceeds that issuer actually receives, pro rata to the holder's share of the loan series.

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live

Kraken xStocks

The holder owns a bearer debt instrument classified as a tracker certificate — a ledger-based security (Registerwertrecht) giving a claim against the Issuer for a cash Redemption Amount tracking one share of the underlying.

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