Tokenised asset-backed security transaction pilot launches under Project Acacia
Sydney, 11 December 2025 – Wisr Limited (ASX: WZR), as part of a consortium of innovative financial services technology companies, announces the launch of a pilot use case to demonstrate how tokenisation can simplify and streamline access to capital markets.
Smart ABS Pilot, the use case developed by NotCentralised as a lead entity within the Reserve Bank of Australia and Digital Finance CRC’s Project Acacia, will pilot the structuring and issuance of a tokenised real-world asset-backed security (ABS).
Project Acacia is exploring how different forms of digital money and associated infrastructure could support the development of wholesale tokenised asset markets in Australia. As part of the Smart ABS Pilot, the consortium is mirroring a live digital twin of the real-world asset, the Wisr Freedom Trust 2025-1, a structured investment trust backed by a pool of personal loans originated and serviced by Wisr. This will demonstrate how tokenisation, smart contracts and programmable cash flows can streamline the full lifecycle of an ABS, using a blockchain-enabled investment structure.
“Tokenisation can improve the transparency, liquidity, and efficiency of capital markets. Wisr is excited to be part of this pilot as we work with our project partners to build and deploy a digital twin of our recently closed AUD$250 million Freedom Trust,” said Wisr Chief Executive Officer Andrew Goodwin. “We’re showcasing how digital infrastructure can directly strengthen institutional finance and open the opportunity of increased benefits to our customers, shareholders and funders.”
The other members of the consortium are:
NotCentralised, an Australian leader in digital asset innovation: acting as lead structurer and financial engineer of complex tokenised institutional financial transactions on public blockchains.
Redbelly Network, the only public blockchain to transact natively issued central bank money in a regulated pilot globally: provides the high-performance deterministic infrastructure.
AMAL, part of IQ-EQ, a leading integrated provider of loan servicing, corporate trust and agency services: provides fiduciary anchor and trustee services.
NotCentralised CEO and Co-founder Arturo Rodriguez said: “NotCentralised is very excited to have been selected as a lead participant in one of the most relevant applications of tokenisation within the institutional space. Enhancing the anti-fragility of debt markets by securely compressing the time to deal is at the heart of the design of this transaction and at the core of financial innovation.”
Redbelly Network Executive Chairman Alan Burt explained the importance of the pilot use case: “I believe smart asset-backed securities represent one of the leading use cases for tokenisation due to its inherent structural complexity. The intricate payment waterfalls, inter-system reconciliations, and multi-party dependencies have traditionally limited transparency and liquidity. By embedding these rules directly on-chain, tokenisation can streamline operations and enable more dynamic secondary markets.”
AMAL, part of IQ-EQ, Chief Product Officer Luke Andersen, said: “We are excited to be part of the Smart ABS Pilot, showcasing our position as Trustee as central to the future of tokenisation and how we can become the trusted bridge between legal enforceability and digital execution. Through this collaboration, we are showcasing how digital asset infrastructure can benefit scale, automation and new market opportunities. Importantly, how it can all live comfortably on the blockchain.”
The pilot use case has launched, with first results expected in Q1 2026.
About Wisr
Wisr (ASX: WZR) is a purpose-built Australian fintech lender. The proprietary Wisr platform combines digital lending along with financial tools and features to help Australians pay down debt, access credit, better understand their financial standing and make smarter money decisions. For more information, visit www.wisr.com.au
About NotCentralised
NotCentralised is an Australian leader in digital asset innovation, focused on building secure, decentralised solutions for the future of finance. Through collaboration, research, and technology, NotCentralised is shaping a more inclusive and efficient financial ecosystem.
About Redbelly Network
Redbelly is an Australian-developed, high-performance blockchain built for regulated asset tokenisation and real-time settlement. Its deterministic consensus unifies payments and asset ledgers into a single system, reducing reconciliation and enabling collateral mobility. Redbelly supports regulated institutions and government partners seeking to improve settlement efficiency, reduce systemic risk, and unlock new liquidity.
About AMAL, part of IQ-EQ
AMAL, part of IQ-EQ, comprises over 100 dedicated team members in Australia and New Zealand who serve as trusted partners in securitisation and structured finance independent loan servicing and standby solutions across residential, consumer, commercial and private credit markets. IQ-EQ, a global investor services group employing 5,900+ across 25 jurisdictions, meets the administration, compliance, and reporting needs of the investment sector in full and worldwide.
