> For the complete documentation index, see [llms.txt](https://ixs.gitbook.io/ixs-gitbook/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ixs.gitbook.io/ixs-gitbook/about-ixs/overview.md).

# Overview

## What is IXS?

*IXS is the Institutional eXchange Settlement Layer — licensed blockchain and tokenization infrastructure for the compliant, large-scale adoption of institutional tokenized real-world assets.*

<figure><img src="/files/8hRw0cSUOY81JrM3Ie3e" alt="" width="375"><figcaption></figcaption></figure>

Institutional issuers, allocators, and autonomous AI agents transact in the same regulated Vaults, under the same licensing perimeter — not separate products for separate audiences. In July 2026, IXS Agent Rail went live on BNB Chain with Finance District, giving AI agents programmatic, non-custodial access to regulated RWA yield.

**What runs on IXS**

* Tokenized fixed income — Treasuries, money market funds, and corporate bonds
* BTC Real Yield — 4–12% APY in USDC/USDT, without selling the underlying BTC
* ERC-4626 Vaults with daily liquidity, permissioned and permissionless
* Deployed on Ethereum and 8+ EVM networks, with custody through regulated partners including BitGo

**Who transacts on IXS**

* **Institutional asset managers and issuers** — tokenization of private credit, structured products, and fund interests, starting with a tokenization fit review
* **Allocators and family offices** — regulated Vault access with institutional custody; US access through IXS Finance USA
* **Autonomous agents and agent operators** — programmatic access through IXS Agent Rail, transacting in the same regulated Vaults as institutions, not a sandbox

**By the numbers**

* Building tokenized RWA infrastructure since 2018 — 7 years of operating history
* 60+ structured product transactions closed
* $88M+ TVL, independently verified by RWA.io
* \~40 team members across product, engineering, compliance, and operations
* Licensed under the Bahamas DARE Act 2024, obtained April 2023
* Backed by Coinbase Ventures, UOB Venture Management, and Spartan Group
