Fund issuers | Authorized participants | Onchain allocators

Every share class will be a smart contract.Alora is where they get issued.

Learn more →

SCROLL ↓THE ONCHAIN SHARE CLASS

The markets corridor

Every portfolio product is a synchrony between three market layers.
Only one of them is onchain.

Layer 01 · Cash

The asset

T-bills, bonds, credit, gold, single stocks: the things a portfolio holds.

ONCHAIN · $40B

For example: S&P 500 stocks

→wrapped by

Layer 02 · Wrapper

The investable product

ETFs, mutual funds, active strategies, structured notes: the products investors actually buy.

ABSENT ONCHAIN · $147T

For example: VOO · $1.05T AUM

Source: Vanguard, Aug 2026

→priced by

Layer 03 · Hedge

The synthetic offset

Perpetuals, futures, options and swaps that keep wrappers honest against what they hold.

PARTIALLY ONCHAIN

For example: ES, S&P 500 futures

The missing investable portfolio product onchain

A portfolio wrapper is a live obligation with four parts.

01 · NAV

A NAV that moves with a dynamic composition

02 · Primary loop

Creation and redemption at that NAV

03 · Rebalance

A rebalance enforced within preset bounds

04 · Eligibility

Eligibility enforced at every transfer

$0B

Tokenized RWA

$0T

Professionally managed AUM

RWA funds with portfolio, NAV and trading onchain

The solution

Alora is the machinery for fund issuers to run an onchain share class for their portfolio products.

01 · NAV

Live NAV

Every position marked continuously, fees accrued, with an onchain record a treasurer can diligence.

02 · Primary loop

Mint & redeem at NAV

Allowlisted APs create and redeem in kind against live NAV. The contract settles atomically.

03 · Sync

Rebalance fund portfolio

Merkle tree gated, venue bound onchain execution, above the oracle-priced floor.

04 · Compliance

Compliance controls

Allowlisted wallets. Transfer restrictions enforced onchain.

Benefits

Fund Issuers

Fund products without Alora

Fund products issued on Alora

Without AloraOut of reach of onchain allocators. Shares cannot sit in wallets

Issued on AloraHeld in KYC'd wallets, composable with permissioned onchain lending pools

Without AloraShareholder registries show nominees and omnibus accounts, not beneficial owners

Issued on AloraAccess your shareholder registry live. See creations, redemptions and transfers in real time

Without AloraETF create/redeem in 10,000 to 100,000 share unit blocks, daily

Issued on AloraAllowlisted APs create and redeem in kind, any size, atomically

Without AloraIn stress, ETF prices dislocate from NAV as arbitrage costs rise

Issued on AloraAtomic, in-kind arbitrage bounds the price at the basket's trading cost

Without AloraIndependent checks come after execution

Issued on AloraMerkle-gated trades, approved venues, oracle price band. Enforced before execution

Fund products without Alora

Fund products issued on Alora

Without AloraTokenized RWA funds keep portfolios offchain. The token is a wrapper

Issued on AloraRWA fund portfolios held and managed onchain, shares in your wallet

Without AloraETF investors can buy above NAV and sell below it

Issued on AloraAtomic, any-size AP arbitrage, built to hold price near NAV

Without AloraFractional shares stay on the broker's books and cannot transfer out

Issued on AloraNatively divisible shares. Hold or transfer any size between KYC'd wallets

Without AloraNAV and holdings published once a day at best, often quarterly

Issued on AloraNAV computed continuously onchain. Holdings visible in real time

Platform

Introducing Alora

app.alora.finance

Alora

Fund OverviewHoldersAnalyticsControls

0xA1c4…9F2b

Net assets

$457.83M

NAV / share

1.0428

Total AUM

$1.34B

Next rebalance

Oct 15 · LC500

TickerFundNAVAUM ($millions)Next rebalanceStatus

ALO-LC500US Large Cap 500 Fund1.0428457.83Oct 15 · 08:30 ETLIVE

ALO-TRSYShort Treasury Fund1.0231884.28Oct 29 · 14:00 ETLIVE

ALO-GRWGrowth Leaders Fund1.0512—Oct 29 · 08:30 ETWAITLIST

9:415G