$AYA tokenizes real estate into compliant digital claims.

Each claim references economic rights in a Serbian SPV that holds land title. Initial collateral: €50 million of appraised land within the 55-hectare estate. Title stays off-chain. Token economics and disclosures live on-chain.

• Primary law: Serbia’s Law on Digital Assets governs issuance, secondary trading, custody, pledges, and supervision by the Securities Commission and the National Bank of Serbia.

• Status and timing: In force since 2021. Service providers must be licensed.

• EU access: Marketing or listings to EU investors align with MiCA via authorized partners. Full regime live.

• Backing: €50 million of Serbian land owned by a ring-fenced SPV.

• Security interest: First-ranking pledge/mortgage over the land registered in favor of a professional trustee for tokenholders.

• Waterfall: Proceeds from land appreciation, rezoning uplift, villa plot sales, and hotel-linked distributions accrue to the SPV, then to tokenholders per tranche terms after reserves.

Investor Information

• You buy $AYA tokens.

• Your claim is secured against €50 million of land held by an SPV with a registered pledge in favor of a trustee.

• Returns derive from collateral value and project cash flows. Variable, not guaranteed.

• Reporting is audit-backed and mirrored on-chain under Serbian law, with MiCA alignment for any EU-facing activity.