Sumsub is powering investor onboarding for PURE Pickleball & Padel, marking the first tokenized real estate investment on Caliber‘s (Nasdaq: CWD) platform. The initiative partners Sumsub with Chainlink to deliver compliant investor participation in tokenized assets, addressing a critical gap in regulated real-world asset (RWA) infrastructure.
- Verification Process: KYC, sanctions screening, and anti-money-laundering checks before token issuance
- On-Chain Credential: Programmable accredited investor credential (CCID) published in Chainlink’s Automated Compliance Engine (ACE)
- Reusability: Credential is portable across future tokenized offerings, eliminating repetitive verification
- Caliber Assets: Over $2.6 billion in managed assets with a 17-year track record in hospitality and multifamily real estate
Investors in PURE Pickleball & Padel can choose between receiving a tokenized digital ownership certificate or continuing with printed certificates. Before token issuance, Sumsub conducts required compliance checks and publishes a programmable credential enabling transfer controls aligned with each investor’s verified profile. This approach eliminates the need for investors to repeat verification procedures across multiple tokenized deals.
Tokenization of regulated assets works only if the people holding the tokens are who they say they are, and that verification needs to travel with them. We are powering an investor identity that can travel with someone across other tokenized RWA opportunities, not just this one.
The integration extends Sumsub‘s reusable digital identity infrastructure beyond crypto-native assets into regulated markets. Sumsub has already deployed verified profiles as portable on-chain credentials through integrations with the Solana Attestation Service and Linea’s Verax Attestation Service. The PURE Pickleball & Padel offering represents one of the first practical implementations connecting regulated real-world assets with infrastructure originally developed for decentralized finance.
The offering aligns with ongoing U.S. legislative efforts around the Digital Asset Market Clarity Act. Sumsub‘s platform operates across evolving regulatory frameworks in over 220 countries and territories, supporting the institutional, compliance-first tokenization approach that Caliber and its partners are pursuing.
