Asset classes
Physical & luxury assets
10 classes in this group. Each resolves from the group profile plus its own overrides, so the parts that genuinely differ are the only parts stated twice.
What the engine holds for each class
These are the actual template values the product uses when an issuer structures one of these assets — what it is, whether it pays, whether it ends, and what must be held or attested.
| Class | What it is | Fungibility | Income | Maturity | Custody & attestation |
|---|---|---|---|---|---|
| Yacht | Marine vessel with registration and berth. | non fungible | Periodic income | Open-ended | physical custody, proof of reserve, independent valuation |
| Aircraft | Aircraft held for lease or charter. | non fungible | Periodic income | Open-ended | physical custody, proof of reserve, independent valuation |
| Luxury vehicle | Collectible and high-value motor vehicles. | non fungible | No income | Open-ended | physical custody, proof of reserve, independent valuation |
| Equipment | Leasable capital equipment. | fungible | Periodic income | Open-ended | physical custody, proof of reserve, independent valuation |
| Machinery | Industrial machinery with a resale market. | fungible | Periodic income | Open-ended | physical custody, proof of reserve, independent valuation |
| Fine art | Authenticated artworks in professional storage. | non fungible | No income | Open-ended | physical custody, proof of reserve, independent valuation |
| Watch | Collectible timepieces with provenance. | non fungible | No income | Open-ended | physical custody, proof of reserve, independent valuation |
| Jewellery | High-value jewellery and gemstones. | non fungible | No income | Open-ended | physical custody, proof of reserve, independent valuation |
| Collectible | Authenticated collectibles with an established market. | non fungible | No income | Open-ended | physical custody, proof of reserve, independent valuation |
| Wine | Fine wine held in bonded storage. | non fungible | No income | Open-ended | physical custody, proof of reserve, independent valuation |
What has to be true before issuing
Readiness is derived from what has actually been recorded against the asset, not from a checklist somebody ticks. These are the requirements this group carries.
- Documented legal ownership, and a vehicle able to issue the claim being offered.
- Legal structures commonly used for this group: spv, llc shares, beneficial interest, trust, direct ownership. Presented as options for counsel to choose between, never applied automatically.
- An independent valuation with a stated methodology and a review cadence, because there is no continuous market price for this group.
- Custody of the physical asset by an identified party, segregated and insured.
- Recurring independent attestation that the backing exists, published on a stated cadence.
- A servicing plan naming who calculates income, who pays it, and from which account.
- A compliance policy in force — an offering cannot open without one, because every subscription would otherwise be refused.
Structure a physical & luxury asset asset
Launch Studio walks the asset from definition through structure, parties, data room and token configuration, and will not let it reach an offering without what this class requires.