R. Block Nation — Internal Compliance & Broker-Dealer Alignment (November 2025)¶
⚖️ 1. Purpose¶
To outline how R. Block Nation ensures that all crowdfunding and investment operations comply with FINRA and SEC requirements under the supervision of its broker-dealer partner Andes Capital.
This page also serves as a reference for North Capital (escrow + KYC/AML) and any future Transfer Agent (TA) integration partners.
🧱 2. Core Compliance Architecture¶
| Component | Partner / Tool | Purpose |
|---|---|---|
| Broker-Dealer (BD) | Andes Capital | Supervises all offerings; maintains WSP mapping and oversight. |
| Escrow & KYC/AML | North Capital TransactAPI | Performs investor identity verification and manages escrow funds. |
| Transfer Agent / Cap-Table | 🧩 In Progress | Replacing Kore with on-chain TA logic + optional API integration. |
| Smart-Contract Backend | SettleMint ATK | Manages token issuance, compliance roles, and transaction logs. |
| UI / Frontend Portal | Custom React (Vite + Tailwind) | Provides investor/issuer access while maintaining BD audit trail. |
| Legal & Governance | Outside Counsel (Post-Raise) | Oversees filings, corporate actions, and enforcement. |
🔐 3. Oversight Workflow¶
- Investor Onboarding / KYC
- Initiated via North Capital TransactAPI
- Returns
kyc_verified = true - Broker-Dealer Approval
- Andes Capital reviews offering + escrow agreement
- Status →
approved_for_funding - Funding in Escrow
- Investor wires funds → North Capital Escrow
- Status →
funded_in_escrow - Close of Escrow
- BD confirms compliance → North Capital closes escrow
- Status →
escrow_released - Token Issuance
- SettleMint mints RegCFToken / BFTKN
- Status →
token_issued - Record Keeping
- BD and TA capture all events for audit / Form C / Form 1-A filings
🧩 4. Technical Controls¶
| Area | Validation | Current Status |
|---|---|---|
| TransactAPI (KYC/AML) | createParty, performKycAml, createAccount, getEscrowBalance |
✅ All sandbox tests 200 OK |
| Escrow Integration | Sandbox UI demo planned for Pre-Live Certification | 🧩 Pending |
| Smart Contracts | On-chain AccessControl + event logging | ✅ Operational |
| Subgraph | Real-time indexing for KYC, Escrow, Token events | ✅ Running |
| Transfer Agent Module | TransferAgent.sol under construction |
⚙️ In Progress |
📁 5. Documentation & Records¶
| Category | Storage Location | Visibility |
|---|---|---|
| Investor KYC/AML Logs | North Capital secure API + local audit backup | BD + Issuer on request |
| Escrow Confirmations | North Capital Dashboard + Platform UI | BD / Issuer access |
| Token Issuance Events | SettleMint Subgraph + Graph Node | Public read-only |
| Compliance Docs + WSP Mappings | RBlock-BD-Packet (MkDocs Repository) | Internal only |
🪜 6. Upcoming Compliance Milestones¶
| Phase | Deliverable | Target Date |
|---|---|---|
| Pre-Live Certification | Recorded UI walk-through for North Capital + Andes | 🎯 November 2025 |
| Transfer Agent Deployment | Launch on-chain cap-table with BD oversight | 🎯 December 2025 |
| Reg CF Raise #1 Launch | BD-supervised retail raise via platform | ⏳ Post-Certification |
| Reg A+ Preparation | Legal review + token economics finalization | 🧩 Q1 2026 |
✅ Overall Compliance Readiness: ≈ 90 %
🧭 Next Focus: UI demo for certification + TA integration validation.
← Back to Progress Report (Nov 2025) → View Smart Contract Upgrades (Phase 2)
🔗 Certification Continuity (2025-11-09)¶
See also: - Pre-Live Certification Packet - BD Readiness Checklist
Together these form the official Pre-Live Certification Packet for BD approval.