How INA Works
INA Protocol creates a decentralized marketplace that connects sell-side (tokenizers, securitizers, originators, receivables managers, fund managers, and others) with buy-side (Global investors, both retail and institutional).
Here's how INA works for each group:
Sell-Side Operations
Credit Facilitator Onboarding
Credit Facilitator submits their profile.
Submit documentation and due diligence on their operations and history.
Profile Creation and Product Listing page access.
Asset Submission:
Originators or fund managers submit credit products or portfolios for tokenization.
Required documentation and due diligence information is provided.
Verification and Approval:
INA's team, in collaboration with legal and financial experts, verifies the submitted information.
Compliance with local regulations and INA's standards is ensured.
risk analysis ? or is implied in the compliance part
Smart Contract Creation:
Upon approval, smart contracts are created to represent the asset.
These contracts enforce the conditions and cash flow structure of the product.
Token Issuance:
Tokens representing fractional ownership of the asset are issued on the blockchain.
The number of tokens and their individual value are determined based on the total asset value.
Listing on Marketplace:
The tokenized product is listed on INA's marketplace, becoming available for investment.
Buy-Side Operations
Onboarding and KYC/AML:
Investors register on the platform and complete KYC/AML procedures.
Institutional investors may undergo additional verification.
Funding:
Investors fund their accounts using supported stablecoins.
Fiat-to-stablecoin on-ramps are available for easy account funding.
Asset Discovery and Due Diligence:
Investors can browse listed assets, applying filters based on their investment criteria.
Detailed information about each asset, including risk assessments and historical performance, is available.
Investment Execution:
Investors select assets and specify investment amounts.
Smart contracts automatically execute the investment, transferring tokens to the investor's wallet.
Portfolio Management:
Investors can track their investments, monitor performance, and receive automated distributions.
Tools for portfolio analysis and tax reporting are provided.
Transaction Flow Example
Let's walk through a typical transaction on the INA platform:
A Brazilian Credit Facilitator bundles a group of receivables and submits them to INA, one by one.
The Credit Facilitator their tokenized Credit Product in INA’s marketplace, creating a new investment pool.
If the Credit Facilitator doesn’t have the tokenized assets, they tokenize these assets using INA Protocol, creating a new investment product.
The Credit Facilitator lists this product on the INA marketplace.
An investor discovers this product while browsing INA.
After conducting due diligence using INA's tools, the investor decides to invest.
The investor's stablecoins are transferred to a smart contract escrow.
Ownership tokens are minted and transferred to the investor's wallet.
As the underlying receivables are paid, distributions are automatically made to the investor via smart contracts.
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