RWA · Explainer
July 2026 · Digital Capital
What Tokenized Lending Actually Changes — and What It Doesn't
Securitization you already know, with the trustee replaced by software. A plain-English walkthrough for CRE professionals.
Read article →LDX Capital originates institutional commercial real estate credit from $1M to $50M — funded traditionally, or through tokenized capital markets with qualified custody at BitGo Bank & Trust and pool infrastructure built for Centrifuge. Same underwriting discipline. Twice the capital.
The same published standards we've always lent against — acquisition to stabilization, ground-up to takeout. Every program is available through both execution channels.
Every approved LDX loan is priced on both channels. Traditional table funding when relationships win. Tokenized execution when speed, transparency, and global capital win. The borrower closes the same way either way.
Our loans are structured for the market's leading RWA protocol — the infrastructure behind $1B+ tokenized funds for managers like New York Life Investment Management. Senior share classes fund from verified institutional investors; LDX retains the junior first-loss on every pool.
Every deal settles through segregated vaults at a federally chartered, OCC-regulated national trust bank — requiring 2 of 3 keys so no single party can move funds, with policy-enforced controls: whitelisted destinations, dual approvals, velocity limits, and $250M in custodial insurance.
Investors see pool NAV, collections, and collateral coverage on a live shared ledger — not a quarterly statement. Every credit decision, draw, and distribution is cryptographically receipted to an append-only audit trail. Automated covenant monitoring traps cash the moment a trigger breaches.
Built with our technology partner Unykorn, LDX offers the complete spectrum from conventional whole loans to programmable capital markets instruments. Traditional where tradition pays. Digital where digital wins.
Senior/junior share classes on institutional pool infrastructure. Permissioned securities under Reg D 506(c) — only KYC-verified accredited investors can ever hold them.
Milestone-gated draws from qualified-custody vaults. Funds release only against signed inspection attestations with atomic lien-waiver exchange.
Club deals carved into transferable ERC-3643 note participations — institutional minimums, whitelisted transfers, built-in compliance on every trade.
White-label digital-dollar settlement instruments engineered on Unykorn's sovereign Rust ledger — deterministic, fully-reserved, issued through licensed partners for escrow, draws, and distributions across every facet of the industry.
Evergreen credit fund with on-chain NAV and monthly liquidity windows — the CRE-credit analog of tokenized treasury funds.
As regulated venues mature, LDX paper is built to list: transfer-restricted today, exchange-ready by design.
Market commentary, deal frameworks, and where commercial credit is heading.
Securitization you already know, with the trustee replaced by software. A plain-English walkthrough for CRE professionals.
Read article →A senior tax-assessment lien at 25% of value, 30-year fixed, non-recourse — and why bond-fund capital wants it.
Read article →Senior investors don't pay for optimism — they pay for discipline they can verify. Inside our automated stress suite.
Read article →Tell us about your deal. Our underwriting platform evaluates it against all six programs and prices both execution channels — you'll see exactly where it fits and why.
LDX Capital
1651 Mt Vernon Rd, 2nd Floor
Dunwoody, GA 30338
(770) 272-2232
[email protected]