> For the complete documentation index, see [llms.txt](https://docs.liveart.xyz/liveart/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.liveart.xyz/liveart/introduction/products/rwas-initial-asset-offering-iao.md).

# RWAs: Initial Asset Offering (IAO)

LiveArt transforms investment-grades RWAs including fine art, watches, cars and wine into tradable, fractional tokens onchain. 

Instead of needing millions to own a Warhol or Rolex, you can purchase fractions starting at $10 and gain exposure to assets that have historically appreciated for decades.

<figure><img src="/files/nj7xHxnz44JmBudNoWDj" alt=""><figcaption></figcaption></figure>

Each RWA token represents verified ownership in a physical asset — art, luxury watches, collectibles — that's securely stored while you trade, stake, or borrow against your fractions with full DeFi utility. This is fractional ownership of proven, tangible assets with established billion-dollar markets.

### How LiveArt RWAs Work

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[Asset Selection & Sourcing](/liveart/introduction/products/rwas-initial-asset-offering-iao/asset-selection-and-sourcing.md)
{% endcontent-ref %}

{% content-ref url="/pages/LarwnWgv9N4LB1wq3eAS" %}
[Tokenization, Pricing & Supply](/liveart/introduction/products/rwas-initial-asset-offering-iao/tokenization-pricing-and-supply.md)
{% endcontent-ref %}

{% content-ref url="/pages/lbYmN32nOfsdvwDLEBeO" %}
[DeFi Platform](/liveart/introduction/products/defi-platform.md)
{% endcontent-ref %}

{% content-ref url="/pages/GlDV8VsiCcZLTIXZIGEl" %}
[Storage & Custody](/liveart/introduction/products/rwas-initial-asset-offering-iao/storage-and-custody.md)
{% endcontent-ref %}