A real offshore wind farm with a real 15-year CPI-linked PPA. Tokenised on XRPL as 8 million KWHN tokens; a 1:1 RWA twin is minted on Solana. Raised €8M across 487 KYC-gated investors. Trading on XRPL DEX + Solana DEXs from day one. Fees on either ledger payable in XRP, Gopnik, SOL or RWA — 25 % rebate for ESG-tagged assets when paid in RWA or Gopnik.
€8Mraised
487investors
7.8 %year-1 yield
25 %RWA fee rebate
01 / 06
· Asset
Borealis Wind · 24 MW North-Sea cluster.
Borealis Wind runs a 24 MW offshore wind cluster off Borkum in the German North Sea, with a 15-year power-purchase agreement (CPI-linked) with E.ON. They need €8M to refurbish two turbine nacelles. The asset is real.
Under the hood: Asset is held by an SPV (Borealis Wind DE GmbH). Token-holders own SPV equity pro-rata; SPV owns the turbines.
02 / 06
· Audit
5 of 5 checks pass before the mint button unlocks.
Before any token is minted: SPV incorporation, PPA verification, DNV turbine engineering report, EU prospectus filing with BaFin, KYC adapter wired. 5 of 5 checks pass before the mint button unlocks.
Under the hood: Each check is a signed attestation pinned to IPFS; the hashes are written to the token's on-ledger metadata.
03 / 06
· Mint
8 000 000 KWHN minted · 1:1 RWA twin on Solana.
8 000 000 KWHN tokens are issued, one per euro of the raise. The twin RWA on Solana is minted by the bridge attestor at the same time, so investors on either ledger see balance immediately. Transfer is KYC-gated; the issuer can freeze a single holder for compliance without affecting the rest.
Under the hood: XRPL: MPT (XLS-33) with can_transfer_freely=false. Solana: SPL with permanent-delegate (3-of-5 RWAiSE attestor).
04 / 06
· Distribute
487 verified investors · €8M raised.
Three tranches: €2.4M retail (352 investors, €500 min), €3.8M accredited (119 investors, €10k min), €1.8M climate funds (16 ESG-tagged funds, €50k min). Every wallet KYC-verified before allocation.
Under the hood: Each tranche uses its own AuthorizedTrustline policy. Travel Rule attestation collected for institutional > €1k.
05 / 06
· Trade
€72k 24h vol · 9 bps spread · live from day one.
Day one: KWHN trades against EUR-stable and USD on the native XRPL DEX, and its Solana twin trades on Jupiter / Phoenix. €72 400 in 24h volume. Spread under 9 bps. No T+2 settlement; no broker.
Under the hood: XRPL DEX is on-ledger. RWA twin is routed via Jupiter aggregator; price-arb keeps the 1:1 peg tight.
06 / 06
· Utility
Pay fees in RWA · 25 % rebate · ecosystem-wide.
KWHN on XRPL has a twin: RWA on Solana — the RWAiSE bridge keeps them at 1:1. Holders can pay Gopnik ecosystem fees in XRP, Gopnik, SOL or RWA. Because the wind cluster is ESG-tagged, paying in RWA (or Gopnik) gets a 25 % fee rebate on mint, distribute, trade and bridge transactions.
Under the hood: RWA is an SPL token on Solana; minting is gated by the RWAiSE bridge attestor (3-of-5 multisig). Fee router in gopnik.fees accepts XRP, GOPNIK, SOL, RWA and applies the ESG discount when the asset's esg_tag metadata is set.
Asset
·
01 / 06
Why this matters
From 18 months → 6 weeks
What used to require lawyers, brokers and depositaries now happens in code.
6 weeks issuance
487 investors, €8M raised
Three tranches: retail €500 min · accredited €10k · climate-fund €50k.
100 % renewable PPA
15-year offtake with E.ON · CPI-linked · ESG-tagged for RWA fee rebate.
24/7 secondary market
XRPL DEX from day one + Solana twin via RWA — no T+2, no banking hours.
New here? Skim the glossary —
Glossary
RWA
Real-world asset — anything off-chain (energy, real estate, precious metals, debt) represented as a token. Also the name of the Solana-side fee/utility token in the Gopnik ecosystem.
Backed by legal contracts (PPAs, SPV equity, custody deeds, prospectus) and verifiable on-chain via the RWAiSE engine. The RWA token (Solana SPL) mirrors Gopnik on the XRPL — both can be used to pay fees across every Gopnik product, and ESG-tagged assets earn a 25 % fee rebate when fees are paid in RWA or Gopnik.
MPT
Multi-Purpose Tokens (XLS-33): the XRPL's native fungible-token primitive.
MPT supports issuer-controlled transfer restrictions, KYC gating, freeze, and on-ledger metadata — without smart contract risk.
SPV
Special-purpose vehicle — the legal entity that owns the asset.
Token-holders own equity in the SPV; the SPV owns the asset.
RWAiSE
Real-World Asset issuance Studio Environment — the Gopnik engine that wraps SPV + audit + KYC + mint + distribute + secondary trading + cross-ledger twin into a single pipeline.
Same pipeline for wind, real estate or gold: define → audit → mint → distribute → trade → utility. Each step produces signed attestations pinned to IPFS and the hash is written into the token's on-ledger metadata.
RWAiSE asset class:
"Three asset classes, one engine. RWAiSE plumbs the legal
attestations, the on-chain mint, the KYC adapter and the
secondary-market wiring into a single pipeline — so a wind
farm, a Berlin building and a vault of Zürich gold all
become an XRPL token in the same six-week window. The
token gets a 1:1 RWA twin on Solana, and investors can
pay fees on either ledger in XRP, Gopnik, SOL or RWA —
with a 25 % rebate when paid in RWA on ESG-tagged
assets."