Tokenization and Real-World Assets: Treasuries, Credit and Compliance
Master tokenized real-world assets: custody, compliance, and product design. Build and ship an RWA product.

About this course
Real-world assets are coming to blockchain. Tokenized Treasuries, private credit, and real estate are moving billions on-chain. But building an RWA product requires mastery of custody, settlement, securities law, and smart-contract architecture — and most courses skip the hard parts.
This course teaches the full stack. You’ll learn how the RWA market works (who the players are, how custody flows, why settlement matters), design custody and settlement infrastructure, navigate securities law and KYC, build tokenized Treasuries and private-credit products, integrate oracles and proof of reserves, and ship a complete RWA product from concept to market.
Every lesson is a worked example grounded in real market structure, not abstract theory. You’ll trace a tokenized Treasury bill from issuance to wallet, compare custody models used by live issuers, and study case studies of Ondo Finance (tokenized Treasuries), Centrifuge (private credit), and Polymath (security tokens) to see how real teams solved these problems — and where they didn’t.
Across seven modules you’ll build five hands-on projects: a custody and settlement architecture, a tokenized Treasury contract, a tranche contract with waterfall distributions, a KYC-gated transfer-restricted token, and an oracle integration for proof of reserves and pricing. Module 5 walks through Reg D, Reg A, and Reg S exemptions and shows exactly how securities-law constraints become smart-contract logic — whitelists, transfer hooks, and jurisdiction checks — so compliance isn’t an afterthought bolted on after the code is written.
The course closes with a capstone: you’ll choose an asset class (Treasury, private credit, or real estate), define its custody and settlement model, write its compliance framework, design its smart-contract architecture, and present a 10-minute pitch to a panel of RWA experts, scored on market fit, technical soundness, compliance completeness, execution readiness, and presentation.
Who this is for: blockchain engineers building fintech products, fintech product managers entering Web3, compliance officers designing RWA platforms, and anyone shipping real-world assets on-chain. This is an advanced, practitioner-level course — you should be comfortable with basic smart-contract concepts and financial terminology going in.
What you’ll build: 5 hands-on projects (custody architecture, Treasury contract, tranche contract, KYC-gated token, oracle integration) and a capstone RWA product design and pitch.
Instructor: Block Relations — research and education for blockchain finance. Every lesson is grounded in real market data, live case studies, and practitioner insight.
After this course, you can architect tokenized asset systems, evaluate custody and transfer-agent infrastructure, navigate securities law and KYC requirements, and lead an RWA product from concept to launch. Certificate issued on completion, shareable on LinkedIn and Twitter. Duration: 6–8 weeks at 4–6 hours per week, self-paced, with lifetime access.
What you will be able to do
- Can explain the market structure of tokenized real-world assets (issuers, custodians, transfer agents, blockchain networks)
- Can design a custody and settlement architecture for a tokenized asset
- Can implement KYC, transfer restrictions, and securities-law compliance in a smart contract
- Can evaluate and integrate oracle solutions for proof of reserves and asset pricing
- Can structure a tokenized Treasury or money-market fund offering
- Can design a private-credit or real-estate tokenization product
- Can write a compliance and risk framework for an RWA platform
- Can build and deploy a working RWA smart contract with custody and transfer controls
Curriculum
1Market Structure & Fundamentals
- What Are Real-World Assets?
- Issuers, Custodians, Transfer Agents & Blockchain Networks
- Why Tokenize? Economics, Speed, and Access
- Case Study: Tokenized US Treasuries
2Custody, Settlement & Infrastructure
- Custody Models: Self, Third-Party, and Hybrid
- Settlement on Ethereum, Solana, and Private Chains
- Bridges and Interoperability
- Hands-On: Design a Custody Architecture
3Tokenized Treasuries & Money Markets
- How Tokenized Treasuries Work
- Money-Market Funds on Chain
- Yield Distribution and Rebasing
- Case Study: Ondo Finance
- Hands-On: Build a Tokenized Treasury Contract
4Private Credit & Real Estate Tokenization
- Private Credit on Chain
- Real Estate: Fractional Ownership & Securitization
- Waterfall Distributions and Tranches
- Case Study: Centrifuge
- Hands-On: Build a Tranche Contract
5Compliance, KYC & Securities Law
- Securities Law 101: Reg D, Reg A, Reg S
- KYC, AML, and Sanctions Screening
- Implementing Transfer Restrictions in Smart Contracts
- Case Study: Polymath & Security Tokens
- Hands-On: Build a KYC-Gated Token
6Oracles, Proof of Reserves & Risk
- Oracles: Why They Matter for RWAs
- Chainlink, Pyth, and Custom Oracles
- Proof of Reserves and Attestations
- Risk Management and Liquidation
- Hands-On: Integrate a Price Oracle
7Building & Shipping an RWA Product
- RWA Product Strategy & Market Fit
- Legal, Compliance, and Operational Readiness
- Testing, Auditing, and Insurance
- Go-to-Market for RWA Products
- Capstone: Design & Present an RWA Product
Taught by Block Relations
Research & Education · Built for a blockchain engineer or fintech product lead at a financial services firm, asset manager, or blockchain platform. They need to understand how tokenized Treasuries, private credit, and real estate work; how to structure custody, compliance, and oracle infrastructure; and how to ship an RWA product that passes legal and operational review.
Free
Free
Free