Novastro is a financial technology platform and modular infrastructure layer designed for the tokenization of Real-World Assets (RWAs). The platform transforms physical and traditional assets into liquid, cross-chain digital instruments by leveraging AI, a modular ledger, and a compliance-focused framework. ^{[1] [2]}

Overview

Novastro's core mission is to bridge traditional finance with DeFi by creating a comprehensive ecosystem for RWA tokenization, trading, and yield generation. The project operates under the principle "Tokenize once, trade everywhere," emphasizing interoperability and the goal of scaling its infrastructure across multiple blockchains.

It seeks to advance the RWA market from an experimental stage to an institutional scale by ensuring that the digital tokens maintain the legal, financial, and operational integrity of their underlying real-world counterparts. The platform is designed to provide institutional-grade investment opportunities and includes a 24/7 global marketplace for trading these assets. ^{[2] [1]}

The development of the platform is attributed to entities referred to as the Novastro Team. The official documentation identifies Bhavish Labs Global Ltd. as an associated company, while the main website refers to the operating entity as Novastro Labs, Inc. As of September 2025, the platform's application is available on a testnet, allowing users to interact with its features in a non-production environment. ^{[3] [1]}

Products and Ecosystem

Novastro offers a suite of products and services for both investors and asset managers, centered around its RWA tokenization platform.

RWAfi Platform:

A comprehensive infrastructure for tokenizing, managing, and trading RWAs. ^[1]

• 24/7 Global Marketplace: An always-on marketplace where users can discover, invest in, and trade a variety of tokenized institutional-grade assets. The platform is designed for rapid execution, with a stated goal to "Tokenize in Minutes, Trade in Seconds." ^[1]
• AI-Powered Compliance: The platform integrates artificial intelligence to automate the management and enforcement of regulatory and compliance protocols, aiming to streamline the process for asset issuers. ^[1]
• Yield Generation: Novastro provides several mechanisms for earning returns on assets. This includes an AI Yield Optimization feature for creating automated investment strategies, as well as offerings for yield farming and other structured products. ^{[3] [1]}

RWA Marketplace

The RWA Marketplace is the user-facing platform for discovering, analyzing, and trading tokenized real-world assets. It is designed to be intuitive for non-crypto-native users, abstracting away blockchain complexities and presenting information in a familiar financial format.

The marketplace aggregates RWA listings and provides detailed information for each, including asset type, valuation data, yield rates, and compliance status.

The marketplace supports multiple trading models to cater to different user preferences:

• AMM-Based Trading: For instant swaps and high liquidity on EVM chains like Ethereum and Arbitrum, the marketplace uses Automated Market Maker (AMM) pools (e.g., Real estate token/USDC). This model is suited for fast, gas-efficient trades.
• Order Book Trading: For a traditional exchange experience, Novastro integrates with order-book-based DEXs on high-performance chains like Injective (Cosmos) and Serum (Solana). This allows professional traders to use market and limit orders.

The user interface focuses on clean dashboards, portfolio summaries, price charts, and fiat-style metrics (e.g., yield %, ROI), with support for both wallet-based and email-based onboarding. ^[7]

Ecosystem Services

• SPV-as-a-Service: Novastro is developing a service to streamline the creation and management of Special Purpose Vehicles (SPVs). This service is intended to provide the necessary legal and operational framework to ensure that tokenized assets accurately represent the value and rights of the underlying real-world assets, covering processes from formation to investor relations. ^{[2] [1]}
• Investor Portal: A secure, dedicated portal for investors to access legal documents, monitor their investment performance, and communicate directly with asset managers. ^[1]
• Fund Administration: An integrated solution designed to handle the administrative needs of asset funds, including accounting, financial reporting, and compliance requirements. ^[1]
• Investor Relations: A suite of tools for asset managers to enhance communication, reporting, and overall relationship management with their investors. ^[1]

Architecture and Technology

Novastro's technical architecture is designed to be modular and interoperable, supporting the entire lifecycle of a tokenized asset.

Core Architecture

The platform is built on what is described as a "modular ledger" or "modular RWAfi layer," which provides a flexible foundation for its operations. The architecture is organized into two primary layers:

• Tokenization Layer: This foundational layer is responsible for the creation and issuance of asset-backed tokens. The documentation specifies that it supports asset issuance on Ethereum, indicating compatibility with the Ethereum ecosystem.
• Trading Layer: Built on top of the Tokenization Layer, this component facilitates the exchange and trading of tokenized assets within the ecosystem, powering the RWA Marketplace. This layered structure is designed to separate the concerns of asset creation from trading and liquidity. ^{[3] [1]}

Key Components

Novastro's ecosystem is composed of several interconnected modules that handle different aspects of the RWA lifecycle, from tokenization and compliance to trading and yield generation.

Digital Twin Container (DTC)

The Digital Twin Container (DTC) is the core of Novastro's tokenization system. It is a programmable and compliant smart contract deployed on Ethereum that serves as a legally-backed digital representation of a real-world asset or a pool of assets.

Each DTC is linked to an off-chain Special Purpose Vehicle (SPV) that legally holds the physical asset, ensuring that the on-chain token has enforceable ownership rights.

Key functions of a DTC include:

• Token Issuance: It issues tokens (such as ERC-20 for fractional ownership or ERC-721 for unique assets) that represent ownership in the underlying asset.
• Compliance Enforcement: Legal clauses, jurisdictional restrictions (geo-restrictions), and regulatory rules (KYC/AML) are embedded directly into the smart contract. This allows for automated compliance, such as whitelisting verified investors and blocking transfers to unverified addresses.
• Automated Distributions: The DTC manages the distribution of yields or dividends generated by the real-world asset (e.g., rental income, loan interest) directly to the token holders on-chain.
• Data Synchronization: It maintains a real-time link to the real-world asset, ensuring the on-chain state reflects updates from the physical world.

The DTC architecture is multi-layered, encompassing a Real-World Layer (for physical asset management), DTC Core Components (for synchronization and state management), a Validation Layer (using oracles and AI for data verification), a Blockchain Layer (for smart contracts and tokenization), and a Service Integration layer (connecting to legal structures and custodians).

This structure benefits asset issuers by automating tokenization, investors by providing legally-backed and compliant tokens, and developers by offering a modular, compliance-as-a-service framework. ^[4]

Chain Router

The Chain Router, also known as the Cross-Chain Bridge & Messaging Hub, is the infrastructure component that enables interoperability for Novastro-issued RWA tokens. It allows these tokens to move seamlessly from their issuance chain (Ethereum) to various high-performance trading chains like Arbitrum, Solana, and Sui. Instead of building a proprietary bridge, Novastro's Chain Router leverages established and audited third-party messaging protocols such as Wormhole, LayerZero, and Axelar to ensure security and reliability.

The process for moving a token between chains typically involves:

1. Locking: The original RWA token is locked in a smart contract vault on the source chain (e.g., Ethereum).
2. Messaging: An off-chain relayer detects the lock event and sends a message through a third-party bridge (like Wormhole) to the destination chain.
3. Minting: Upon receiving the message, a corresponding wrapped version of the RWA token is minted on the destination chain (e.g., Solana) on a 1:1 basis with the locked token.
4. Unlocking: To move the token back, the wrapped token is burned on the trading chain, which triggers the unlocking of the original token on Ethereum.

A key feature of the Chain Router is fee abstraction. It allows users to pay for cross-chain transaction fees using a single token (like ETH or $NOVAS), while the hub handles the conversion and payment of gas fees on the destination chain in its native token. This simplifies the user experience by removing the need to hold multiple gas tokens. ^[5]

Service Provider Integration Layer

This layer functions as middleware that connects the on-chain tokenized assets (DTCs) with verified off-chain service providers. It is designed to ensure that the digital representation of an asset maintains the legal, financial, and operational integrity of its real-world counterpart. The layer provides standardized APIs, data schemas, and oracle endpoints for providers like custodians, auditors, appraisers, legal firms, KYC providers, and insurers to interface directly with the DTCs.

The architecture is a modular framework where each provider is integrated once and becomes a reusable component for any asset on the Novastro platform. For example:

• Custodian Integration: A licensed custodian managing the physical asset can push proofs of ownership to the DTC via an oracle.
• KYC-as-a-Service: Integrated KYC providers can verify investors and add their wallet addresses to a DTC's whitelist, with the smart contract blocking transfers to non-whitelisted addresses.
• Audit & Appraisal Feeds: Auditors can publish reports on-chain, and appraisers can update an asset's market value, which can influence trading logic or DeFi collateral ratios.
• Insurance: Insurance policies can be encoded into a DTC, providing investors with on-chain visibility of coverage.

This layer creates network effects: as more reputable service providers join, the ecosystem's credibility increases, attracting more asset issuers and investors, which in turn creates more demand for providers. ^[6]

Yield Farming and Structured Products

This module is designed to make RWAs DeFi-native and yield-bearing assets. It provides crypto investors with access to structured, risk-adjusted returns derived from the underlying real-world assets.

The module's core functions include:

• Yield Farming: Users can stake their RWA tokens in curated liquidity pools to earn rewards in the form of $XNL or other partner tokens. This helps bootstrap liquidity for new assets and incentivizes user participation in the ecosystem.
• Structured Products: Novastro offers DeFi vaults that simplify access to RWA yields. Examples include:
  • Diversified Yield Vaults: These vaults accept stablecoin deposits and automatically allocate them across a basket of different RWA tokens (e.g., real estate and private credit) to offer a blended, diversified yield.
  • Automated Rebalancing Pools: These pools use data from DTCs and oracles (e.g., valuation updates, default alerts) to automatically adjust asset allocations to manage risk and optimize returns.
  • Cross-Chain Yield Aggregators: Leveraging the Chain Router, these products can deploy capital across multiple blockchains to find the best-performing RWA pools and assets.

Risk management is a key component, with each product backed by the data and compliance rules embedded in the DTCs, ensuring a link to the real-world asset and its performance. ^[8]

Multi-Chain Strategy

Novastro is described as "Ethereum aligned" and is actively working to scale its infrastructure across multiple blockchains to enhance interoperability and accessibility. Blockchains targeted for expansion include Sui, Arbitrum, and Solana. This multi-chain approach supports the project's goal of allowing assets to be tokenized once and traded across various blockchain ecosystems. ^[2]

Use Cases

The primary use case for the Novastro platform is the tokenization of a diverse range of real-world assets to make them accessible to a global investor base. The platform's marketplace showcases several categories of tradable assets.

• Real Estate: The platform enables fractionalized ownership of commercial and residential properties. Examples listed on the testnet marketplace include:
  • Noor Apartments, with a projected annual percentage yield (APY) of up to 18%.
  • Palm Court Villas, with a projected APY of up to 20%.
  • Penthouse at Jumeirah, with a projected APY of up to 30%.
• Private Credit: The tokenization of debt instruments, allowing investors to participate in private lending opportunities.
• Intellectual Property (IP): The platform supports the fractionalization of ownership in patents, copyrights, or royalty streams.
• Art & Collectibles: Enables fractionalized ownership of fine art and other high-value collectibles. An example listed is a piece by artist Caroline Kent, with a projected APY of up to 15%.
• Precious Metals: The creation of digital tokens that represent ownership of physical precious metals. An example shown is Gold Bars, with a projected APY of up to 25%. These examples demonstrate the platform's capacity to handle various asset classes. ^[1]

Additional Programs

Novastro engages its community through various online and offline events designed to foster connections and provide updates on the project and the broader RWA sector.

• Novastro Café Meetup: An in-person community event held in Uyo, Akwa Ibom, Nigeria, on September 13, 2025. The event was organized to bring community members together and included coffee, food, and merchandise.
• Novastro Quiz Night: A recurring online event hosted on the project's official Discord server. A session held on September 13, 2025, focused on recent news and developments in the RWA industry. These events indicate an active effort to build and engage a community around the project. ^[2]

Tokenomics

Information from Novastro's official sources describes two distinct tokens associated with the ecosystem, $XNL and $NOVAS, each with different specified functions.

$XNL Token

The official website and social media channels identify $XNL as the native token designed to "fuel transactions" on the Novastro network. The project provides a specific meaning for each letter in the ticker:

• X: Represents "anything that can be tokenized," referring to the platform's focus on a wide range of RWAs.
• N: Stands for Novastro, the network itself.
• L: Represents the Ledger, the on-chain record that connects the digital token to the underlying asset. Further details regarding the token's total supply, distribution, or specific utility mechanisms are not provided in these sources. ^{[1] [2]}

$NOVAS Token

The project's official documentation details a functional multi-utility token named Novas, with the ticker $NOVAS. This token is described as the primary medium of exchange and settlement within the Novastro ecosystem.

• Token Type: A cryptographically-secure fungible protocol token.
• Utility:
  • Medium of Exchange: Serves as the main token for payments and settlements between participants.
  • Incentives: Distributed as economic rewards to users for active participation and contributions to the ecosystem, such as transaction activity or providing services.
  • Ecosystem Access: Ownership of $NOVAS grants the right to use the token to interact with services and features on the platform.
• Legal Disclaimer: The documentation explicitly states that the $NOVAS token does not represent any shareholding, ownership, or right to profits from Bhavish Labs Global Ltd. or its affiliates. It is not intended to be a security and is non-refundable.
• Distribution: The initial distribution of $NOVAS was intended to raise funds for project development and community building. Participation in the token distribution is restricted for citizens and residents of certain jurisdictions, including the United States, Canada, and the People's Republic of China. The documentation also lists $XNL as a distinct "product" within the ecosystem, separate from the $NOVAS utility token, though its function in this context is not clarified. ^[3]

Partnerships

Novastro has partnered with some projects including; ^[1]

• ICB Labs
• Bhopal AO
• Terminus
• Orochi Network
• Flexafina
• Kaito
• MAIV