Company Seeks To Tokenize Transport Assets Under SEC Framework
RWA Signal Insight
InfrastructureThe blockchain platform Audacity is launching in Nigeria to tokenize transport assets, including haulage trucks and logistics fleets, to address the sector's chronic under-financing. Founders Ayomitan Pamilerin and Kayode Oluwole Oladamola aim to bypass traditional lending rates, which currently reach 30 to 40 percent annually, by utilizing blockchain for capital aggregation. The platform connects global on-chain investors, such as DAOs and family offices, directly to productive transportation assets to improve capital efficiency. By removing intermediaries and shortening settlement cycles, Audacity seeks to provide more affordable financing options for local businesses. The company is actively working to secure necessary operating licenses and collaborate with regulated partners to ensure full compliance with the Securities and Exchange Commission. This initiative represents a significant effort to bring institutional-grade standards to the Nigerian logistics market through tokenization. Furthermore, the platform is developing secondary market infrastructure to enable peer-to-peer trading, aiming to transform traditionally illiquid transport assets into a more accessible asset class.
Key points
- Audacity tokenizes Nigerian haulage trucks and logistics fleets to lower financing costs.
- Traditional Nigerian lending rates currently range between 30 and 40 percent annually.
- Platform aggregates capital from global DAOs, crypto treasuries, and retail investors.
- Audacity is pursuing SEC regulatory compliance to facilitate institutional-grade asset tokenization.
Background
Audacity functions as a capital aggregation layer that utilizes blockchain technology to bridge the gap between global liquidity and local infrastructure needs. By tokenizing physical assets, the protocol allows investors to gain exposure to real-world revenue-generating equipment while providing operators with more efficient funding mechanisms than traditional banking.