Proposal Title: KoalaGains: Standardized RWA Fund Blueprints & Launchpad on Scroll
Proposal Type: Growth / Operations
Authors: KoalaGains(DoDAO team)
Summary
One of the most promising bridges between alternative asset classes and private markets is tokenizing real-world assets (RWAs), but adoption has been slow due to the heavy cost and complexity of setting up compliant structures.
Each RWA project typically spends months and hundreds of thousands of dollars on legal, regulatory, and operational setup, creating a barrier to entry that stifles experimentation.
KoalaGains, a DoDAO initiative, addresses this challenge by building standardized fund templates, compliance-ready structures that can reduce cost and time-to-launch by more than 90%.
This approach opens the gates for a wide range of builders by substantially reducing their initial setup costs. Builders and issuers can now focus primarily on bringing quality assets onto Scroll, which not only helps them attract the current idle capital already sitting on Scroll but also drives further growth in the ecosystem by increasing the overall TVL.
As part of the deliverable we will also be launching 5 assets as reference.
Funding Request: USD 135,000 for 6+ month
This initiative will position Scroll as the core chain for real-world assets by dramatically lowering entry barriers. With setup costs cut by nearly 20Ă—, issuers can focus on bringing quality assets to Scroll and instantly tap into DeFi liquidity. For the ecosystem, this means more diverse TVL, sustainable yields, and a reputation as the most compliance-ready RWA hub. By unlocking idle capital already on Scroll and attracting new institutional assets, this framework cements Scroll as the leading home for RWA growth.
Motivation
Why we are submitting this proposal
DeFi has produced a huge amount of technical innovation, but adoption in mainstream finance has been slow. Total value locked (TVL) across DeFi has not grown in line with innovation, while traditional markets and fintech companies have grown rapidly in recent years. One key reason is that DeFi remains disconnected from the yield and stability of traditional financial products. The success of on-chain treasuries proves that there is real demand for high-quality, income-generating assets, but bringing other real-world assets (RWAs) on-chain has been costly and slow. Most projects only experiment with tokenization technology, because it is the easiest part of the puzzle. The real challenge is building compliant structures around custody, regulation, banking, and legal processes. Without solving this, adoption will remain limited.
Mission and vision of the proposal
Our mission is to make Scroll the core chain for real-world assets by solving the hardest problems of RWA adoption. Launching an RWA product today costs between USD 150–250k and takes 6–9 months. These high fixed costs prevent teams from experimenting and iterating to find product–market-fit. With KoalaGains Regulatory Framework, we plan to reduce these costs by 20× and the time by 10×. We will do this by creating ready-to-use legal and technical templates, custody and banking agreements. On top of this, we will provide a one-stop dashboard for issuers and investors that handles compliance and reporting. This framework makes it possible for issuers to focus only on selecting quality assets and growing their products, while Scroll benefits from more TVL diversity, sustainable yields, and a reputation as the most compliance-ready environment for RWAs.
Why our team is suited for this work
KoalaGains is an initiative by DoDAO, a team with deep expertise across all required areas:
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Corporate and fund-vehicle law in multiple jurisdictions
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Real-world financial assets and their management
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Ethereum ecosystem and smart-contract development
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DeFi growth strategies and integrations
At DoDAO we have conducted extensive RWA research, mapped here: https://research.chainedassets.com/
We’ve also catalogued the main projects and service providers in the RWA space:
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Projects:
https://chainedassets.com/landscape-projects -
Service Providers:
https://chainedassets.com/landscape-service-providers
Our team has published detailed blogs on vehicle structures and compliance:
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https://koalagains.com/blogs/2025-06-10-bvi-spc-incubator-setup -
https://koalagains.com/blogs/2025-06-10-bvi-umbrella-structures -
https://koalagains.com/blogs/2025-06-10-bvi-vehicles-breakdown -
https://koalagains.com/blogs/2025-05-31-dst-series-llc-compliance-automation
Conflicts of interest
None
Why Scroll DAO should adopt this proposal
This proposal directly benefits the Scroll ecosystem by making it the most institution-ready L2 for RWAs. For Scroll DAO and its community, the outcomes are clear: increased TVL diversity, and stronger credibility with institutional level assets. For asset issuers, the framework cuts cost and time dramatically, enabling rapid experimentation and growth. For DeFi protocols on Scroll, it unlocks new collateral types and yield sources. By lowering barriers and attracting both idle on-chain capital and new institutional-grade assets, Scroll DAO can secure Scroll’s place as the leading home for real-world assets and long-term adoption.
Execution
Operational
We will run the project in four practical phases over twelve months:
Phase 1 – Design and Legal Validation
In phase one (months 1–2), we will finalize jurisdiction choices with external counsel, document the pros and cons of each option, and draft the first iteration of legal blueprints. These blueprints will be tailored to the types of assets we plan to bring on-chain.
Phase 2 – Launch Funds and Generate Forms from Templates
In phase two (month 3), we will convert the legal blueprints into actual regulatory forms that can be used to register funds. The focus will be on creating accurate legal representations of the funds rather than over-engineering the technology at this stage. We will also build an MVP that can generate most of these forms automatically, based on the information provided about the fund and the asset being tokenized.
Phase 3 – Pilot Launches and Documentation
In phase three (months 4-5), we plan to launch 5 assets on-chain and develop DeFi integrations.
Examples of candidate assets include:
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VanEck BDC Income ETF (BIZD): Tracks a market-cap-weighted index of US BDC companies. Dividends are typically between 9–12%.
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Virtus Private Credit Strategy ETF (VPC): Similar structure and yield profile to BIZD.
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Western Midstream Partners, LP (WES): A midstream energy company with growing revenue and dividends above 9%.
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Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASR): A growth-oriented company with strong dividends.
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Innovative Industrial Properties, Inc. (IIPR): A REIT focused on specialized industrial properties, offering growth potential and attractive dividends.
The final list may vary, but these examples illustrate the kind of high-yield, growth-oriented assets available in public markets that are not yet represented in on-chain markets. We also plan to explore thematic, actively managed ETF-like products that face high costs in traditional finance but can thrive in an on-chain environment.
For these pilots, we will focus on three types of users:
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Suppliers to lending/borrowing pools: DeFi users supply stablecoins, which whitelisted institutions can borrow against to lever up their positions, capturing dividend yields. This has become one of the most popular recent strategies in the RWA space.
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Crypto project treasuries: During market downturns, treasuries can lose 70–90% of their value. Diversifying into stable, income-generating assets can help protect treasury health and stability.
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Accredited investors seeking thematic ETFs: Traditional ETFs must reach at least USD 50 million AUM to justify high regulatory costs, limiting variety. On-chain ETFs can break this barrier and offer more aggressive strategies tailored to accredited investors.
We will also document the entire process of bringing assets on-chain, including:
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Legal templates and their use cases
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Step-by-step instructions for issuers
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Detailed cost breakdowns
Phase 4 – Scale-Up (Go-to-Market and Adoption)
In phase four (months 6+), we will focus on adoption and growth:
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Partnering with DeFi protocols and vault operators to accept stablecoins as collateral against these RWA tokens, enabling whitelisted borrowers to create leveraged positions with dividend support.
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Working with DAOs to demonstrate the benefits of diversifying their treasuries into stable, yield-bearing assets that can sustain them during downturns.
On the KoalaGains platform (https://koalagains.com/), which we launched a few months ago, we already see 3K–5K daily impressions from asset research reports. We plan to expand coverage to more than 5,000 assets, which could increase impressions to over 100K in the next 6–9 months. This visibility will help onboard a significant number of traditional finance users into the RWA ecosystem.
Personnel & Resources
We will engage external counsel after grant approval through a short selection process that will evaluate:
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Expertise in the specific jurisdictions and fund vehicles we are targeting
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Availability for fast turnaround times
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Clear fee caps for each deliverable
All expenses will be transparently shared with the DAO.
We will also select outside service providers (such as banks, custodians, or identity verification providers) to support fund management services.
KoalaGains (DoDAO) will work closely with counsel to create the legal blueprints and then use those blueprints to bring the first five assets on-chain.
The DoDAO team will consist of three full-time members dedicated to this project. The exact team member allocation will be confirmed at the start of implementation.
DoDAO Members
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Robin Nagpal - Founder & CTO with 20 years of experience in tech -
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Dawood Mehmood - Founding member and Lead Developer
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Hassan Qaiser - Founding member and Sr. Full-Stack Developer
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Maira Rashid - Head Content and Research
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Kunwer Shayan - Sales and Research
Financial
We request a total of USD 135,000. Of this amount,
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USD 50,000–60,000 is reserved for outside counsel to finalize and validate the blueprints and to review any jurisdiction-specific sections that require customization.
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We expect USD 25,000–30,000 for KoalaGains’ own legal and filing costs associated with forming and operating five pilot funds.
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A USD 10,000 buffer covers baseline costs such as bank and custodian fees.
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The remaining USD 35,000 is a discounted, fixed fee to KoalaGains/DoDAO that covers:
- Developing the blueprints in collaboration with counsel;
- Creating an LLM-based portal that generates registration documents for assets to be brought on-chain;
- Selecting banking providers;
- Selecting custodians; and
- Marketing the assets and driving adoption once they are on-chain.
Milestones & Payment Schedule
| # | Milestone | Timeline | Amount |
|---|---|---|---|
| 1 | Initial Kickoff & Mobilization | Weeks 1–2 | $15,000 |
| 2 | Jurisdiction, Vehicle, Counsel & Partner Selection | Weeks 2–6 | $20,000 |
| 3 | Blueprint Development (Primarily External Counsel) | Weeks 6–14 | $60,000 |
| 4 | Five-Asset Pilot (Set-up, filings, on-chain, integrations) | Weeks 14–24 | $30,000 |
| 5 | Post-Launch Readiness & Handoff | Weeks 24–28 | $10,000 |
TG id to discuss is - @robinnagpal