KYC & Eligibility
All users must complete KYC/AML verification before they can subscribe, trade, or redeem on Fractit.
Who can participate
Fractit is intended for:
Retail investors seeking compliant on-chain access to listed real estate index exposure
Crypto-native investors seeking regulated index products on Canton Network
Institutional participants requiring compliant, auditable index token exposure
Secondary market participants looking for flexible, continuously tradable access to index-linked products
Access is subject to eligibility screening. Not all jurisdictions are permitted. See Jurisdiction Controls.
KYC onboarding process
All users must complete the following before any activity is permitted:
Identity verification
Government-issued photo ID (passport or national ID card)
Liveness check
Real-time selfie verification to confirm document ownership
PEP screening
Check against Politically Exposed Persons lists
Sanctions screening
Check against global sanctions lists (OFAC, UN, EU, and others)
AML risk scoring
Risk-based assessment of the user profile
Jurisdiction check
Confirmation that the user's jurisdiction is not restricted
Onboarding is conducted by Fractit's approved compliance vendor. Verification typically completes within minutes.
Ongoing monitoring
Active users are subject to continuous monitoring including:
Periodic re-verification of identity documents
Ongoing sanctions and PEP screening
Transaction monitoring for suspicious activity patterns
Wallet screening before any new activity
Whitelist
On successful completion of KYC, the user's Canton wallet address is added to the on-chain whitelist. Only whitelisted wallets may:
Hold DFMREIT tokens
Subscribe for new tokens
Transfer tokens to other wallets
Redeem tokens for CC or USDC
The whitelist is enforced at the DAML contract layer on Canton — not just at the application interface. Transfers to non-whitelisted wallets are rejected by the contract regardless of the interface used.
Multiple wallets
If you wish to use more than one wallet address with your Fractit account, each address must be individually whitelisted. Contact support to add an additional wallet to your verified account.
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