Proposal: alphaPilot Canton RWA Market Access Reference Layer

Development Fund Proposal Submission

Proposal File: rfps/financial-markets-standards-verification/alphapilot-canton-rwa-market-access-reference-layer.md

Applicant

Organization: alphaPilot

Author / Primary Contact: Abdul Adams

Champion: Needs Champion

Proposal Classification

Proposal Type:

• RFP-aligned proposal
• Individual initiative

RFP / Roadmap Area: Financial Markets, Standards & Verification: RWA Standards: Daml and Institutional RWA Workflow Standards

Primary SIG: Financial Workflows & Composability

Secondary SIG Alignment: Token Standards / Asset Standards dApp Integration

Label: Financial Markets / RWA Standards

Funding

Total Funding Request: 1,000,000 CC

Project Duration: 12 weeks

Maximum Amount: Subject to the applicable RFP guidance

Maximum Duration: Subject to the applicable RFP guidance

Summary

Application teams integrating Canton RWAs repeatedly need to solve asset normalization, transaction state, settlement tracking and portfolio reconciliation.

alphaPilot proposes an open-source Canton RWA Market Access Reference Layer covering asset discovery, asset details, eligibility and supported actions, Canton transaction submission, settlement tracking and portfolio reconciliation.

The first implementation will be demonstrated inside alphaPilot, but the funded work is designed to be reusable by other Canton builders rather than being a private alphaPilot integration.

The project will provide reusable schemas, adapter interfaces, transaction and settlement state models, a reference backend, example Canton integration, reference UI, automated tests, documentation and a second provider or asset integration to demonstrate reuse.

Milestones

Milestone 1: Architecture, Schema and DevNet Baseline

Timeline: Weeks 1–4

Funding: 250,000 CC

Deliverables include the public repository, technical architecture, RWA asset schema, adapter interfaces, first Canton DevNet integration, reference UI, tests and initial developer documentation.

Milestone 2: Transaction and Settlement Reference

Timeline: Weeks 5–8

Funding: 450,000 CC

Deliverables include the full Canton transaction flow, settlement tracking, persistent transaction state, failure handling, portfolio reconciliation, automated testing and external technical review.

Milestone 3: Reuse Proof and Builder Package

Timeline: Weeks 9–12

Funding: 300,000 CC

Deliverables include a second provider or asset integration, reusable developer documentation, API guidance, conformance tests, adoption feedback, external reuse evidence and a maintenance plan.

Total Project Duration: 12 weeks

Total Funding: 1,000,000 CC

SIG Review

Parth Chaturvedi advised us to identify the most relevant SIG and request feedback from its members so that a Champion can be assigned through the review process.

We believe the proposal is primarily aligned with the Financial Workflows & Composability SIG, with secondary relevance to Token Standards / Asset Standards and dApp Integration.

We would appreciate feedback on the scope, architecture, milestones and Development Fund alignment, and guidance on assigning an appropriate Champion.

Submission Checklist

• Proposal file is included in the appropriate RFP directory
• Organization and primary contact are identified
• Champion status is identified
• Primary SIG is identified
• Roadmap and RFP alignment are stated
• Total funding request is stated
• Project duration is stated
• Proposal is within any stated RFP maximum amount, if applicable
• Proposal is within any stated RFP maximum duration, if applicable
• Milestones and milestone funding are included
• Acceptance criteria are measurable
• Ecosystem value and reuse are explained
• Architectural alignment and Canton-specific dependencies are addressed