Valoris Iberia

RWA issuance suite for Spanish real estate and participating loans, built around the securities register model of Ley 6/2023.

Purpose

Iberia lets a Spanish issuer, with the register entity it appoints, issue and administer real-estate backed instruments and participating loans in DLT form, with investor limits and tax data handled per investor.

Legal framework it fits

Ley 6/2023 de los Mercados de Valores y de los Servicios de Inversión (LMVSI): securities represented by distributed-ledger systems
The issuer designates the entity responsible for the administration of the registration (ERIR), which is entered in the CNMV official register (Royal Decree 815/2023)
EU DLT Pilot Regime (Reg. 2022/858) where a DLT market infrastructure is used
MiCA (Reg. 2023/1114) only for crypto-assets that are not financial instruments; Valoris does not issue them

Core features

Instrument register designed to work with the issuer's ERIR
Retail ticket limits and NIF/NIE validation
Withholding tax data per investor
Property data room per asset
Coupons and repayment schedules

Functions that can be added under this legal order

Participating loans (préstamos participativos)
Crowdfunding platform integration (Reg. EU 2020/1503)
Spanish-language investor portal
White-label for developers and SOCIMIs

Roles on the platform

IssuerSpanish SL/SA or SPV owning the property.

Trustee / administratorERIR or servicer designated by the issuer.

Bank / custodianBank handling escrow and payments.

Supervisory viewRead-only view for auditors or the CNMV on request.

InvestorSees only own holdings, documents and distributions; onboarding only after eligibility checks.

All entities, assets and investors shown in the pilot and demo are fictitious sandbox data.