{
 "dataset": "RWA Tokenization Cost Index",
 "version": "2026-07-22",
 "publisher": "chyzh.agency",
 "license": "https://rwalegalindex.com/methodology/",
 "notice": "Of these figures, most come from providers selling the service they price. No independent audited benchmark exists. Figures are never averaged across sources.",
 "rowCount": 130,
 "sourceUrls": {
  "tokenizer.estate": "https://blog.tokenizer.estate/real-estate-tokenization-cost-breakdown-2026-from-legal-to-marketing",
  "investax.io": "https://investax.io/blog/asset-tokenization-costs",
  "gofaizen-sherle.com": "https://gofaizen-sherle.com/rwa-tokenization/real-estate",
  "stobox.io/reports": "https://www.stobox.io/reports/tokenization-cost-index",
  "tokenizestartup.com": "https://tokenizestartup.com/platforms/tokenization-platform-fees/",
  "nadcab.com": "https://www.nadcab.com/blog/rwa-tokenization-cost-breakdown-budget",
  "itispay.com": "https://itispay.com/blog/mica-casp-license-cost",
  "zitadelleag.com": "https://www.zitadelleag.com/services/vasp-licensing/latvia-mica-casp",
  "adamsmith.lt": "https://adamsmith.lt/en/mica-license-2025/",
  "cryptoverselawyers.io": "https://www.cryptoverselawyers.io/vara-application-fees-supervision-fees-dubai/",
  "consulting24.co": "https://www.consulting24.co/dubai-crypto-license/",
  "dilendorf.com": "https://dilendorf.com/resources/launching-a-real-estate-fund-tokenized-or-traditional.html",
  "rwa.io": "https://www.rwa.io/post/rwa-tokenization-costs-legal-tech-and-ongoing-fees",
  "omisoft.net": "https://omisoft.net/blog/real-estate-tokenization-platform-cost-2026/",
  "primior.com": "https://primior.com/how-to-tokenize-real-estate-in-2026-costs-timeline-and-capital-raised/",
  "fintechfactory.eu": "https://www.fintechfactory.eu/crypto-legal-opinion"
 },
 "rows": [
  {
   "source": "tokenizer.estate",
   "provider": "Tokenizer.estate",
   "component": "legal_structuring",
   "low": 5000,
   "high": 50000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-05-15",
   "vendorConflict": true,
   "quote": "$5,000 and $50,000 (straightforward projects)"
  },
  {
   "source": "tokenizer.estate",
   "provider": "Tokenizer.estate",
   "component": "legal_structuring",
   "low": 50000,
   "high": 350000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-05-15",
   "vendorConflict": true,
   "quote": "$50,000-$350,000 in legal advisor fees"
  },
  {
   "source": "tokenizer.estate",
   "provider": "Tokenizer.estate",
   "component": "ongoing_compliance",
   "low": 3000,
   "high": 10000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-05-15",
   "vendorConflict": true,
   "quote": "$3,000-$10,000 KYC/AML modules"
  },
  {
   "source": "tokenizer.estate",
   "provider": "Tokenizer.estate",
   "component": "platform_fee",
   "low": 2000,
   "high": 5000,
   "currency": "USD",
   "cadence": "monthly",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-05-15",
   "vendorConflict": true,
   "quote": "$2,000-$5,000 per month basic SaaS"
  },
  {
   "source": "tokenizer.estate",
   "provider": "Tokenizer.estate",
   "component": "platform_fee",
   "low": 10000,
   "high": 100000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-05-15",
   "vendorConflict": true,
   "quote": "$10,000 and $100,000 platform technology"
  },
  {
   "source": "tokenizer.estate",
   "provider": "Tokenizer.estate",
   "component": "platform_fee",
   "low": 100000,
   "high": 250000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-05-15",
   "vendorConflict": true,
   "quote": "$100,000 to $250,000 production-ready platforms"
  },
  {
   "source": "tokenizer.estate",
   "provider": "Tokenizer.estate",
   "component": "smart_contract_dev",
   "low": 20000,
   "high": 100000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-05-15",
   "vendorConflict": true,
   "quote": "$20,000 to $100,000 token development and issuance"
  },
  {
   "source": "tokenizer.estate",
   "provider": "Tokenizer.estate",
   "component": "audit",
   "low": 5000,
   "high": 100000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-05-15",
   "vendorConflict": true,
   "quote": "$5,000 up to $100,000 valuation and due diligence"
  },
  {
   "source": "tokenizer.estate",
   "provider": "Tokenizer.estate",
   "component": "marketing",
   "low": 5000,
   "high": 1000000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-05-15",
   "vendorConflict": true,
   "quote": "$5,000 to $1 million for major offerings"
  },
  {
   "source": "tokenizer.estate",
   "provider": "Tokenizer.estate",
   "component": "listing_fee",
   "low": 100000,
   "high": 250000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "security_tokens",
   "sourceDate": "2026-05-15",
   "vendorConflict": true,
   "quote": "$100,000-$250,000 listing fees for security tokens"
  },
  {
   "source": "tokenizer.estate",
   "provider": "Tokenizer.estate",
   "component": "ongoing_compliance",
   "low": 5000,
   "high": 50000,
   "currency": "USD",
   "cadence": "annual",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-05-15",
   "vendorConflict": true,
   "quote": "$5,000 to $50,000 per year"
  },
  {
   "source": "investax.io",
   "provider": "InvestaX",
   "component": "ongoing_compliance",
   "low": 5000,
   "high": 50000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2025-05-16",
   "vendorConflict": true,
   "quote": "$5,000 and $50,000 Regulatory Compliance"
  },
  {
   "source": "investax.io",
   "provider": "InvestaX",
   "component": "platform_fee",
   "low": 10000,
   "high": 100000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2025-05-16",
   "vendorConflict": true,
   "quote": "$10,000 and $100,000 Technology Infrastructure"
  },
  {
   "source": "investax.io",
   "provider": "InvestaX",
   "component": "smart_contract_dev",
   "low": 20000,
   "high": 100000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2025-05-16",
   "vendorConflict": true,
   "quote": "$20,000 and $100,000 Token Development and Issuance"
  },
  {
   "source": "investax.io",
   "provider": "InvestaX",
   "component": "audit",
   "low": 5000,
   "high": 100000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2025-05-16",
   "vendorConflict": true,
   "quote": "$5000-100,000 Asset Valuation and Due Diligence"
  },
  {
   "source": "investax.io",
   "provider": "InvestaX",
   "component": "marketing",
   "low": 5000,
   "high": 1000000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2025-05-16",
   "vendorConflict": true,
   "quote": "$5,000 and $1 million"
  },
  {
   "source": "investax.io",
   "provider": "InvestaX",
   "component": "TOTAL",
   "low": 50000,
   "high": null,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2025-05-16",
   "vendorConflict": true,
   "quote": "starts at $50,000 upper range can vary greatly"
  },
  {
   "source": "gofaizen-sherle.com",
   "provider": "Gofaizen & Sherle",
   "component": "legal_structuring",
   "low": 15000,
   "high": 30000,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "EU",
   "assetClass": "real_estate",
   "sourceDate": "2026-03-18",
   "vendorConflict": true,
   "quote": "Legal structuring & regulatory analysis EUR15,000-30,000"
  },
  {
   "source": "gofaizen-sherle.com",
   "provider": "Gofaizen & Sherle",
   "component": "spv_legal_setup",
   "low": 5000,
   "high": 15000,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "EU",
   "assetClass": "real_estate",
   "sourceDate": "2026-03-18",
   "vendorConflict": true,
   "quote": "SPV setup and corporate structuring EUR5,000-15,000"
  },
  {
   "source": "gofaizen-sherle.com",
   "provider": "Gofaizen & Sherle",
   "component": "smart_contract_dev",
   "low": 20000,
   "high": 50000,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "EU",
   "assetClass": "real_estate",
   "sourceDate": "2026-03-18",
   "vendorConflict": true,
   "quote": "Token issuance & compliance design EUR20,000-50,000"
  },
  {
   "source": "gofaizen-sherle.com",
   "provider": "Gofaizen & Sherle",
   "component": "banking_onboarding",
   "low": 5000,
   "high": 15000,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "EU",
   "assetClass": "real_estate",
   "sourceDate": "2026-03-18",
   "vendorConflict": true,
   "quote": "Banking onboarding & compliance support EUR5,000-15,000"
  },
  {
   "source": "gofaizen-sherle.com",
   "provider": "Gofaizen & Sherle",
   "component": "TOTAL",
   "low": 55000,
   "high": 140000,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "EU",
   "assetClass": "real_estate",
   "sourceDate": "2026-03-18",
   "vendorConflict": true,
   "quote": "Estimated initial range EUR55,000-140,000"
  },
  {
   "source": "stobox.io/reports",
   "provider": "Stobox",
   "component": "legal_structuring",
   "low": 50000,
   "high": 200000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "US",
   "assetClass": "generic",
   "sourceDate": "2026-07-10",
   "vendorConflict": true,
   "quote": "$50K-$200K+ offering documents & structuring law firm route"
  },
  {
   "source": "stobox.io/reports",
   "provider": "Stobox",
   "component": "spv_govt_fee",
   "low": 110,
   "high": 4000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "DE/ADGM/BVI/KY",
   "assetClass": "generic",
   "sourceDate": "2026-07-10",
   "vendorConflict": true,
   "quote": "Delaware LLC ~$110; ADGM ~$1,900; BVI ~$2.5-3K; Cayman ~$4K"
  },
  {
   "source": "stobox.io/reports",
   "provider": "Stobox",
   "component": "audit",
   "low": 5000,
   "high": 50000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2026-07-10",
   "vendorConflict": true,
   "quote": "$5K-$50K+ independent valuation/audit"
  },
  {
   "source": "stobox.io/reports",
   "provider": "Stobox",
   "component": "kyc_per_investor",
   "low": 2,
   "high": 8,
   "currency": "USD",
   "cadence": "per_investor",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2026-07-10",
   "vendorConflict": true,
   "quote": "Investor KYC per head: $2-$8"
  },
  {
   "source": "stobox.io/reports",
   "provider": "Stobox",
   "component": "platform_fee",
   "low": 499,
   "high": 1999,
   "currency": "USD",
   "cadence": "monthly",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2026-07-10",
   "vendorConflict": true,
   "quote": "Free -> $499/mo Core -> $1,999/mo Advanced"
  },
  {
   "source": "stobox.io/reports",
   "provider": "Stobox",
   "component": "platform_fee",
   "low": 1499,
   "high": 6999,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2026-07-10",
   "vendorConflict": true,
   "quote": "Raisable window $1,499/$2,999 self-directed or $3,499/$6,999 broker-routed"
  },
  {
   "source": "stobox.io/reports",
   "provider": "Stobox",
   "component": "smart_contract_dev",
   "low": 1248,
   "high": 1248,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2026-07-10",
   "vendorConflict": true,
   "quote": "Compass on-chain $1,248 total mint $499 + deploy $749"
  },
  {
   "source": "stobox.io/reports",
   "provider": "Stobox",
   "component": "legal_opinion",
   "low": 299,
   "high": 299,
   "currency": "USD",
   "cadence": "monthly",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2026-07-10",
   "vendorConflict": true,
   "quote": "Optional outside counsel $299/mo project seat"
  },
  {
   "source": "stobox.io/reports",
   "provider": "Stobox",
   "component": "TOTAL",
   "low": 50000,
   "high": 120000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate_2M",
   "sourceDate": "2026-07-10",
   "vendorConflict": true,
   "quote": "$2M real-estate raise ~$50K-$120K mint-only vs ~$10K-$30K Stobox"
  },
  {
   "source": "stobox.io/reports",
   "provider": "Stobox",
   "component": "TOTAL",
   "low": 280000,
   "high": 720000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "private_fund_10M",
   "sourceDate": "2026-07-10",
   "vendorConflict": true,
   "quote": "$10M private fund ~$280K-$720K mint-only vs ~$25K-$90K Stobox"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "Securitize",
   "component": "platform_fee",
   "low": 50000,
   "high": 100000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "US",
   "assetClass": "security_tokens",
   "sourceDate": "2026-03",
   "vendorConflict": false,
   "quote": "minimum engagement threshold of $50,000 to $100,000 bundles setup and issuance"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "Republic",
   "component": "platform_fee",
   "low": 6,
   "high": 10,
   "currency": "pct_of_raise",
   "cadence": "one_time",
   "jurisdiction": "US",
   "assetClass": "security_tokens",
   "sourceDate": "2026-03",
   "vendorConflict": false,
   "quote": "6% to 10% of total funds raised plus 2% equity or token allocation"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "kyc_per_investor",
   "low": 2,
   "high": 15,
   "currency": "USD",
   "cadence": "per_investor",
   "jurisdiction": "US",
   "assetClass": "security_tokens",
   "sourceDate": "2026-03",
   "vendorConflict": false,
   "quote": "KYC and AML checks typically run $2 to $15 per domestic investor"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "kyc_per_investor",
   "low": 50,
   "high": 100,
   "currency": "USD",
   "cadence": "per_investor",
   "jurisdiction": "US_RegD506c",
   "assetClass": "security_tokens",
   "sourceDate": "2026-03",
   "vendorConflict": false,
   "quote": "those verification costs jump to $50 to $100 per person"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "transfer_agent",
   "low": 5000,
   "high": 25000,
   "currency": "USD",
   "cadence": "annual",
   "jurisdiction": "US",
   "assetClass": "security_tokens",
   "sourceDate": "2026-03",
   "vendorConflict": false,
   "quote": "$5,000 to $25,000 annually for digital transfer agent services"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "legal_structuring",
   "low": 30000,
   "high": 75000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "US_RegD506c",
   "assetClass": "security_tokens",
   "sourceDate": "2026-03",
   "vendorConflict": false,
   "quote": "Legal fees for a standard Regulation D Rule 506(c) offering range from $30,000 to $75,000"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "legal_structuring",
   "low": 100000,
   "high": 150000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "US_RegA+",
   "assetClass": "security_tokens",
   "sourceDate": "2026-03",
   "vendorConflict": false,
   "quote": "a qualified Regulation A+ offering can incur $100,000 to $150,000 in legal expenses"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "audit",
   "low": 10000,
   "high": 50000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "security_tokens",
   "sourceDate": "2026-03",
   "vendorConflict": false,
   "quote": "security firms price between $10,000 and $50,000 depending on code complexity"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "TOTAL",
   "low": 75000,
   "high": 200000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "US",
   "assetClass": "raise_1M_5M",
   "sourceDate": "2026-03",
   "vendorConflict": false,
   "quote": "$75,000 and $200,000"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "TOTAL",
   "low": 100000,
   "high": 400000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "US",
   "assetClass": "raise_5M_25M",
   "sourceDate": "2026-03",
   "vendorConflict": false,
   "quote": "$100,000 to $400,000"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "spv_legal_setup",
   "low": 15000,
   "high": 25000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "US_Delaware",
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "Delaware statutory trusts cost $15,000-$25,000 for formation"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "spv_legal_setup",
   "low": 20000,
   "high": 35000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "US_Wyoming",
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$20,000-$35,000 Wyoming Series LLCs for master entity"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "spv_legal_setup",
   "low": 35000,
   "high": 75000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "KY/BVI",
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$35,000-$75,000 Offshore structures Cayman Islands/BVI"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "legal_structuring",
   "low": 25000,
   "high": 45000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "US_RegD",
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$25,000-$45,000 Regulation D private placements"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "legal_structuring",
   "low": 80000,
   "high": 150000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "US_RegA+",
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$80,000-$150,000 Regulation A+ SEC qualification"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "legal_structuring",
   "low": 150000,
   "high": 300000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "US_full_SEC",
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$150,000-$300,000 Full SEC registration statements"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "ongoing_compliance",
   "low": 8000,
   "high": 15000,
   "currency": "USD",
   "cadence": "annual",
   "jurisdiction": "US_RegD",
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$8,000-$15,000 Annual Reg D compliance Form D amendments"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "ongoing_compliance",
   "low": 40000,
   "high": 70000,
   "currency": "USD",
   "cadence": "annual",
   "jurisdiction": "US_RegA+_T2",
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$40,000-$70,000 Annual Regulation A+ Tier 2 reporting"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "custody",
   "low": 50000,
   "high": 120000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$50,000-$120,000 Traditional custodian integration"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "custody",
   "low": 0.15,
   "high": 0.5,
   "currency": "pct_AUM",
   "cadence": "annual",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "0.15%-0.50% Annual traditional custody fees AUM basis"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "custody",
   "low": 30000,
   "high": 80000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$30,000-$80,000 Digital asset custodian setup"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "transfer_agent",
   "low": 25000,
   "high": 60000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "US",
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$25,000-$60,000 Initial setup"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "transfer_agent",
   "low": 15000,
   "high": 40000,
   "currency": "USD",
   "cadence": "annual",
   "jurisdiction": "US",
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$15,000-$40,000 Annual transfer agent fees"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "smart_contract_dev",
   "low": 15000,
   "high": 30000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "ERC20",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$15,000-$30,000 ERC-20 basic tokens"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "smart_contract_dev",
   "low": 40000,
   "high": 70000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "ERC3643",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$40,000-$70,000 ERC-3643 compliant security tokens"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "smart_contract_dev",
   "low": 60000,
   "high": 120000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "ERC1400",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$60,000-$120,000 ERC-1400 with partition logic"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "audit",
   "low": 50000,
   "high": 100000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$50,000-$100,000 Tier-1 firm comprehensive reviews"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "audit",
   "low": 100000,
   "high": 150000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$100,000-$150,000 Complex multi-contract systems"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "platform_fee",
   "low": 30000,
   "high": 80000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$30,000-$80,000 White-label platform setup"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "platform_fee",
   "low": 3000,
   "high": 10000,
   "currency": "USD",
   "cadence": "monthly",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$3,000-$10,000 Monthly white-label platform fees"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "platform_fee",
   "low": 100000,
   "high": 300000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$100,000-$300,000 Custom-built platform development"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "TOTAL",
   "low": 150000,
   "high": 500000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$150,000-$500,000 Typical total tokenization budget range"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "TOTAL",
   "low": 280000,
   "high": 320000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate_2M",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$280,000-$320,000 Real estate $2M property implementation"
  },
  {
   "source": "nadcab.com",
   "provider": "Nadcab Labs",
   "component": "ongoing_compliance",
   "low": 40000,
   "high": 120000,
   "currency": "USD",
   "cadence": "annual",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2026-06-10",
   "vendorConflict": true,
   "quote": "$40,000-$120,000 Annual ongoing maintenance"
  },
  {
   "source": "itispay.com",
   "provider": "ItisPay",
   "component": "licence_govt_fee",
   "low": 5000,
   "high": 30000,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "EU",
   "assetClass": "CASP",
   "sourceDate": "2026-07-22",
   "vendorConflict": true,
   "quote": "NCA supervisory fees year 1 EUR5,000-30,000"
  },
  {
   "source": "itispay.com",
   "provider": "ItisPay",
   "component": "licence_application",
   "low": 40000,
   "high": 100000,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "NL/LT",
   "assetClass": "CASP",
   "sourceDate": "2026-07-22",
   "vendorConflict": true,
   "quote": "Legal advisory EUR40,000-100,000"
  },
  {
   "source": "itispay.com",
   "provider": "ItisPay",
   "component": "licence_application",
   "low": 80000,
   "high": 200000,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "DE_BaFin",
   "assetClass": "CASP",
   "sourceDate": "2026-07-22",
   "vendorConflict": true,
   "quote": "Total advisory costs for a BaFin application regularly run EUR80,000-200,000"
  },
  {
   "source": "itispay.com",
   "provider": "ItisPay",
   "component": "audit",
   "low": 20000,
   "high": 50000,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "EU",
   "assetClass": "CASP",
   "sourceDate": "2026-07-22",
   "vendorConflict": true,
   "quote": "External audit EUR20,000-50,000"
  },
  {
   "source": "itispay.com",
   "provider": "ItisPay",
   "component": "TOTAL",
   "low": 415000,
   "high": 690000,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "NL/LT_Class3",
   "assetClass": "CASP",
   "sourceDate": "2026-07-22",
   "vendorConflict": true,
   "quote": "Year 1 total EUR415,000-690,000"
  },
  {
   "source": "itispay.com",
   "provider": "ItisPay",
   "component": "ongoing_compliance",
   "low": 150000,
   "high": 250000,
   "currency": "EUR",
   "cadence": "annual",
   "jurisdiction": "EU",
   "assetClass": "CASP",
   "sourceDate": "2026-07-22",
   "vendorConflict": true,
   "quote": "EUR150,000-250,000 annually year 2+"
  },
  {
   "source": "zitadelleag.com",
   "provider": "Zitadelle AG",
   "component": "licence_govt_fee",
   "low": 2500,
   "high": 2500,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "Latvia",
   "assetClass": "CASP",
   "sourceDate": "2026-07",
   "vendorConflict": true,
   "quote": "Latvijas Banka MiCA CASP application fee is EUR2,500 lowest examination fee in the EU"
  },
  {
   "source": "zitadelleag.com",
   "provider": "Zitadelle AG",
   "component": "ongoing_compliance",
   "low": 3000,
   "high": 3000,
   "currency": "EUR",
   "cadence": "annual",
   "jurisdiction": "Latvia",
   "assetClass": "CASP",
   "sourceDate": "2026-07",
   "vendorConflict": true,
   "quote": "annual supervision fee is 0.6% of gross revenue with a minimum floor of EUR3,000"
  },
  {
   "source": "zitadelleag.com",
   "provider": "Zitadelle AG",
   "component": "spv_govt_fee",
   "low": 2800,
   "high": 2800,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "Latvia",
   "assetClass": "SIA",
   "sourceDate": "2026-07",
   "vendorConflict": true,
   "quote": "Minimum authorized capital for a Latvian SIA EUR2,800"
  },
  {
   "source": "adamsmith.lt",
   "provider": "AdamSmith.lt",
   "component": "licence_application",
   "low": 19900,
   "high": 19900,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "EU",
   "assetClass": "CASP",
   "sourceDate": "2026-01-15",
   "vendorConflict": true,
   "quote": "We handle the entire MiCA authorization process for fixed EUR19,900 fee"
  },
  {
   "source": "adamsmith.lt",
   "provider": "AdamSmith.lt",
   "component": "licence_application",
   "low": 35000,
   "high": 35000,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "EU",
   "assetClass": "CASP",
   "sourceDate": "2026-01-15",
   "vendorConflict": true,
   "quote": "Document preparation policies EUR35,000"
  },
  {
   "source": "adamsmith.lt",
   "provider": "AdamSmith.lt",
   "component": "TOTAL",
   "low": 92000,
   "high": 110000,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "EU",
   "assetClass": "CASP",
   "sourceDate": "2026-01-15",
   "vendorConflict": true,
   "quote": "Total estimated cost EUR92,000-110,000"
  },
  {
   "source": "adamsmith.lt",
   "provider": "AdamSmith.lt",
   "component": "spv_legal_setup",
   "low": 3000,
   "high": 15000,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "LT/CZ/EE/PL/SK",
   "assetClass": "company",
   "sourceDate": "2026-01-15",
   "vendorConflict": true,
   "quote": "Lithuania from EUR8,500; Czech from EUR4,900; Estonia from EUR15,000; Poland from EUR3,000; Slovakia from EUR3,000"
  },
  {
   "source": "cryptoverselawyers.io",
   "provider": "Cryptoverse Lawyers",
   "component": "licence_govt_fee",
   "low": 40000,
   "high": 40000,
   "currency": "AED",
   "cadence": "one_time",
   "jurisdiction": "Dubai_VARA",
   "assetClass": "advisory",
   "sourceDate": null,
   "vendorConflict": true,
   "quote": "AED 40,000 application fee AED 80,000 annual supervision fee"
  },
  {
   "source": "cryptoverselawyers.io",
   "provider": "Cryptoverse Lawyers",
   "component": "licence_govt_fee",
   "low": 100000,
   "high": 100000,
   "currency": "AED",
   "cadence": "one_time",
   "jurisdiction": "Dubai_VARA",
   "assetClass": "cat1_issuance",
   "sourceDate": null,
   "vendorConflict": true,
   "quote": "AED 100,000 application fee AED 200,000 annual supervision fee"
  },
  {
   "source": "cryptoverselawyers.io",
   "provider": "Cryptoverse Lawyers",
   "component": "ongoing_compliance",
   "low": 80000,
   "high": 200000,
   "currency": "AED",
   "cadence": "annual",
   "jurisdiction": "Dubai_VARA",
   "assetClass": "VA_activities",
   "sourceDate": null,
   "vendorConflict": true,
   "quote": "annual supervision fee AED 80,000-200,000"
  },
  {
   "source": "cryptoverselawyers.io",
   "provider": "Cryptoverse Lawyers",
   "component": "spv_legal_setup",
   "low": 5000,
   "high": 15000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "ADGM",
   "assetClass": "tokenised_SPV",
   "sourceDate": null,
   "vendorConflict": true,
   "quote": "SPV formation cost USD 5,000-15,000"
  },
  {
   "source": "cryptoverselawyers.io",
   "provider": "Cryptoverse Lawyers",
   "component": "legal_structuring",
   "low": 25000,
   "high": 75000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "ADGM",
   "assetClass": "tokenised_SPV",
   "sourceDate": null,
   "vendorConflict": true,
   "quote": "Legal structuring cost USD 25,000-75,000"
  },
  {
   "source": "consulting24.co",
   "provider": "Consulting24",
   "component": "licence_application",
   "low": 10000,
   "high": 30000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "Dubai_VARA",
   "assetClass": "crypto_licence",
   "sourceDate": "2026-06-13",
   "vendorConflict": true,
   "quote": "VARA application fee 10,000-30,000"
  },
  {
   "source": "consulting24.co",
   "provider": "Consulting24",
   "component": "licence_govt_fee",
   "low": 50000,
   "high": 150000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "Dubai_VARA",
   "assetClass": "crypto_licence",
   "sourceDate": "2026-06-13",
   "vendorConflict": true,
   "quote": "Category license fee 50,000-150,000"
  },
  {
   "source": "consulting24.co",
   "provider": "Consulting24",
   "component": "legal_structuring",
   "low": 30000,
   "high": 100000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "Dubai_VARA",
   "assetClass": "crypto_licence",
   "sourceDate": "2026-06-13",
   "vendorConflict": true,
   "quote": "Advisory & legal fees 30,000-100,000"
  },
  {
   "source": "consulting24.co",
   "provider": "Consulting24",
   "component": "TOTAL",
   "low": 100000,
   "high": 330000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "Dubai_VARA",
   "assetClass": "crypto_licence",
   "sourceDate": "2026-06-13",
   "vendorConflict": true,
   "quote": "Total range 100,000-330,000"
  },
  {
   "source": "consulting24.co",
   "provider": "Consulting24",
   "component": "ongoing_compliance",
   "low": 50000,
   "high": null,
   "currency": "USD",
   "cadence": "annual",
   "jurisdiction": "Dubai_VARA",
   "assetClass": "crypto_licence",
   "sourceDate": "2026-06-13",
   "vendorConflict": true,
   "quote": "Ongoing compliance typically costs USD 50,000+ per year"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "licence_govt_fee",
   "low": 500,
   "high": 500,
   "currency": "CHF",
   "cadence": "one_time",
   "jurisdiction": "Liechtenstein",
   "assetClass": "TT_service_provider",
   "sourceDate": "2026-04",
   "vendorConflict": false,
   "quote": "FMA charges a baseline application fee of CHF 500 for each TT Service Provider category"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "spv_legal_setup",
   "low": 5000,
   "high": 15000,
   "currency": "CHF",
   "cadence": "one_time",
   "jurisdiction": "Liechtenstein",
   "assetClass": "AG/GmbH",
   "sourceDate": "2026-04",
   "vendorConflict": false,
   "quote": "initial corporate setup including notary fees and commercial registry entry costs roughly CHF 5,000 to CHF 15,000"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "legal_structuring",
   "low": 30000,
   "high": 80000,
   "currency": "CHF",
   "cadence": "one_time",
   "jurisdiction": "Liechtenstein",
   "assetClass": "TVTG",
   "sourceDate": "2026-04",
   "vendorConflict": false,
   "quote": "legal fees to draft business plan IT security concept and AML manuals range from CHF 30,000 to CHF 80,000"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "offering_docs",
   "low": 20000,
   "high": 100000,
   "currency": "CHF",
   "cadence": "one_time",
   "jurisdiction": "Liechtenstein",
   "assetClass": "offering_docs",
   "sourceDate": "2026-04",
   "vendorConflict": false,
   "quote": "CHF 20,000 for a simple basic information document or up to CHF 100,000 if a full prospectus is required"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "smart_contract_dev",
   "low": 20000,
   "high": 100000,
   "currency": "CHF",
   "cadence": "one_time",
   "jurisdiction": "Liechtenstein",
   "assetClass": "technical",
   "sourceDate": "2026-04",
   "vendorConflict": false,
   "quote": "typically runs CHF 20,000 to CHF 100,000"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "TOTAL",
   "low": 85000,
   "high": 325000,
   "currency": "CHF",
   "cadence": "one_time",
   "jurisdiction": "Liechtenstein",
   "assetClass": "TVTG_issuance",
   "sourceDate": "2026-04",
   "vendorConflict": false,
   "quote": "CHF 85,000 and CHF 325,000"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "ongoing_compliance",
   "low": 32000,
   "high": 100000,
   "currency": "CHF",
   "cadence": "annual",
   "jurisdiction": "Liechtenstein",
   "assetClass": "TVTG",
   "sourceDate": "2026-04",
   "vendorConflict": false,
   "quote": "Ongoing annual compliance and audit fees generally range from CHF 32,000 to CHF 100,000"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "licence_application",
   "low": 5000,
   "high": 5000,
   "currency": "KYD",
   "cadence": "one_time",
   "jurisdiction": "Cayman",
   "assetClass": "VASP",
   "sourceDate": "2026-04",
   "vendorConflict": false,
   "quote": "CI$ 5,000 application fee"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "licence_govt_fee",
   "low": 10000,
   "high": 10000,
   "currency": "KYD",
   "cadence": "annual",
   "jurisdiction": "Cayman",
   "assetClass": "VASP",
   "sourceDate": "2026-04",
   "vendorConflict": false,
   "quote": "CI$ 10,000 annual registration fee"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "spv_legal_setup",
   "low": 5000,
   "high": 15000,
   "currency": "KYD",
   "cadence": "one_time",
   "jurisdiction": "Cayman",
   "assetClass": "company",
   "sourceDate": "2026-04",
   "vendorConflict": false,
   "quote": "Company incorporation ranges from CI$ 5,000 to CI$ 15,000"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "legal_structuring",
   "low": 50000,
   "high": 200000,
   "currency": "KYD",
   "cadence": "one_time",
   "jurisdiction": "Cayman",
   "assetClass": "tokenized_fund",
   "sourceDate": "2026-04",
   "vendorConflict": false,
   "quote": "Legal structuring for a complex tokenized fund can easily run between CI$ 50,000 and CI$ 200,000"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "TokenizeStartup",
   "component": "ongoing_compliance",
   "low": 30000,
   "high": 100000,
   "currency": "KYD",
   "cadence": "annual",
   "jurisdiction": "Cayman",
   "assetClass": "tokenized_fund",
   "sourceDate": "2026-04",
   "vendorConflict": false,
   "quote": "Ongoing compliance including AML officers and regulatory reporting typically costs CI$ 30,000 to CI$ 100,000 annually"
  },
  {
   "source": "dilendorf.com",
   "provider": "Dilendorf Law",
   "component": "legal_structuring",
   "low": 35000,
   "high": 60000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "US",
   "assetClass": "RE_fund_traditional",
   "sourceDate": "2022-12-12",
   "vendorConflict": true,
   "quote": "fees legal registration tax for launching a stand-alone real estate fund could range between $35,000 to $60,000"
  },
  {
   "source": "dilendorf.com",
   "provider": "Dilendorf Law",
   "component": "legal_structuring",
   "low": null,
   "high": 100000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "US",
   "assetClass": "RE_fund_tokenized",
   "sourceDate": "2022-12-12",
   "vendorConflict": true,
   "quote": "fees for launching a tokenized real estate fund could be as high as $100,000"
  },
  {
   "source": "dilendorf.com",
   "provider": "Dilendorf Law",
   "component": "ongoing_compliance",
   "low": 15000,
   "high": 25000,
   "currency": "USD",
   "cadence": "annual",
   "jurisdiction": "US",
   "assetClass": "RE_fund_admin",
   "sourceDate": "2022-12-12",
   "vendorConflict": true,
   "quote": "Ongoing annual fund administration fees could vary between $15,000-$25,000"
  },
  {
   "source": "rwa.io",
   "provider": "RWA.io",
   "component": "platform_fee",
   "low": 50000,
   "high": 150000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2025-09-17",
   "vendorConflict": false,
   "quote": "Costs can range from $50,000 to $150,000 platform architecture & design"
  },
  {
   "source": "rwa.io",
   "provider": "RWA.io",
   "component": "smart_contract_dev",
   "low": 75000,
   "high": 250000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2025-09-17",
   "vendorConflict": false,
   "quote": "anywhere from $75,000 to $250,000 depending on complexity"
  },
  {
   "source": "rwa.io",
   "provider": "RWA.io",
   "component": "audit",
   "low": 2000,
   "high": 25000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2025-09-17",
   "vendorConflict": false,
   "quote": "anywhere from $2,000 to $25,000 or more smart contract auditing"
  },
  {
   "source": "rwa.io",
   "provider": "RWA.io",
   "component": "legal_structuring",
   "low": 200000,
   "high": 800000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2025-09-17",
   "vendorConflict": false,
   "quote": "potentially costing between $200,000 and $800,000"
  },
  {
   "source": "rwa.io",
   "provider": "RWA.io",
   "component": "ongoing_compliance",
   "low": 5000,
   "high": 200000,
   "currency": "USD",
   "cadence": "annual",
   "jurisdiction": null,
   "assetClass": "generic",
   "sourceDate": "2025-09-17",
   "vendorConflict": false,
   "quote": "often from $5,000 to $200,000 annually"
  },
  {
   "source": "rwa.io",
   "provider": "RWA.io",
   "component": "platform_fee",
   "low": 800000,
   "high": 3000000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "custom_platform",
   "sourceDate": "2025-09-17",
   "vendorConflict": false,
   "quote": "from $800,000 to over $3 million"
  },
  {
   "source": "rwa.io",
   "provider": "RWA.io",
   "component": "platform_fee",
   "low": 100000,
   "high": 500000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "white_label",
   "sourceDate": "2025-09-17",
   "vendorConflict": false,
   "quote": "from $100,000 to $500,000"
  },
  {
   "source": "omisoft.net",
   "provider": "OmiSoft",
   "component": "smart_contract_dev",
   "low": 5000,
   "high": 25000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-07-03",
   "vendorConflict": true,
   "quote": "Smart contracts $5,000-$25,000"
  },
  {
   "source": "omisoft.net",
   "provider": "OmiSoft",
   "component": "audit",
   "low": 5000,
   "high": 15000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-07-03",
   "vendorConflict": true,
   "quote": "Security audit $5,000-$15,000"
  },
  {
   "source": "omisoft.net",
   "provider": "OmiSoft",
   "component": "legal_structuring",
   "low": 15000,
   "high": 50000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-07-03",
   "vendorConflict": true,
   "quote": "Legal compliance layer $15,000-$50,000+"
  },
  {
   "source": "omisoft.net",
   "provider": "OmiSoft",
   "component": "legal_structuring",
   "low": 30000,
   "high": 90000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "US_SEC",
   "assetClass": "real_estate",
   "sourceDate": "2026-07-03",
   "vendorConflict": true,
   "quote": "United States SEC $30,000-$90,000"
  },
  {
   "source": "omisoft.net",
   "provider": "OmiSoft",
   "component": "legal_structuring",
   "low": 60000,
   "high": 160000,
   "currency": "EUR",
   "cadence": "one_time",
   "jurisdiction": "Luxembourg_RAIF",
   "assetClass": "real_estate",
   "sourceDate": "2026-07-03",
   "vendorConflict": true,
   "quote": "European Union Luxembourg RAIF EUR60,000-160,000"
  },
  {
   "source": "omisoft.net",
   "provider": "OmiSoft",
   "component": "licence_application",
   "low": 2100000,
   "high": 2100000,
   "currency": "AED",
   "cadence": "one_time",
   "jurisdiction": "Dubai_VARA",
   "assetClass": "real_estate",
   "sourceDate": "2026-07-03",
   "vendorConflict": true,
   "quote": "UAE Dubai VARA AED 2.1 million ~$570,000 first-year"
  },
  {
   "source": "omisoft.net",
   "provider": "OmiSoft",
   "component": "legal_structuring",
   "low": 30000,
   "high": 65000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "Singapore_MAS",
   "assetClass": "real_estate",
   "sourceDate": "2026-07-03",
   "vendorConflict": true,
   "quote": "Singapore MAS $30,000-$65,000"
  },
  {
   "source": "omisoft.net",
   "provider": "OmiSoft",
   "component": "platform_fee",
   "low": 25000,
   "high": 50000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "white_label",
   "sourceDate": "2026-07-03",
   "vendorConflict": true,
   "quote": "White-label license one-time $25,000-$50,000"
  },
  {
   "source": "omisoft.net",
   "provider": "OmiSoft",
   "component": "platform_fee",
   "low": 300,
   "high": 1500,
   "currency": "USD",
   "cadence": "monthly",
   "jurisdiction": null,
   "assetClass": "white_label",
   "sourceDate": "2026-07-03",
   "vendorConflict": true,
   "quote": "White-label monthly $300-$1,500/month"
  },
  {
   "source": "primior.com",
   "provider": "Primior",
   "component": "legal_structuring",
   "low": 5000,
   "high": 50000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-04-14",
   "vendorConflict": true,
   "quote": "$5,000 and $50,000 basic structuring and offering documents"
  },
  {
   "source": "primior.com",
   "provider": "Primior",
   "component": "legal_structuring",
   "low": 50000,
   "high": 350000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "multi",
   "assetClass": "real_estate",
   "sourceDate": "2026-04-14",
   "vendorConflict": true,
   "quote": "$50,000 and $350,000"
  },
  {
   "source": "primior.com",
   "provider": "Primior",
   "component": "smart_contract_dev",
   "low": 10000,
   "high": 25000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-04-14",
   "vendorConflict": true,
   "quote": "$10,000-$25,000 basic STO script MVP"
  },
  {
   "source": "primior.com",
   "provider": "Primior",
   "component": "smart_contract_dev",
   "low": 100000,
   "high": 300000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-04-14",
   "vendorConflict": true,
   "quote": "$100,000-$300,000+ custom enterprise platforms"
  },
  {
   "source": "primior.com",
   "provider": "Primior",
   "component": "ongoing_compliance",
   "low": 3000,
   "high": 10000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-04-14",
   "vendorConflict": true,
   "quote": "$3,000 and $10,000 KYC/AML integration"
  },
  {
   "source": "primior.com",
   "provider": "Primior",
   "component": "listing_fee",
   "low": 100000,
   "high": 250000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate",
   "sourceDate": "2026-04-14",
   "vendorConflict": true,
   "quote": "$100,000 and $250,000 listing fees on digital securities exchanges"
  },
  {
   "source": "primior.com",
   "provider": "Primior",
   "component": "TOTAL",
   "low": 50000,
   "high": 150000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": null,
   "assetClass": "real_estate_whitelabel",
   "sourceDate": "2026-04-14",
   "vendorConflict": true,
   "quote": "$50,000 to $150,000"
  },
  {
   "source": "fintechfactory.eu",
   "provider": "FintechFactory",
   "component": "legal_opinion",
   "low": 3500,
   "high": 3500,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "EU_MiCA",
   "assetClass": "utility_token",
   "sourceDate": "2026",
   "vendorConflict": true,
   "quote": "$3,500.00 per legal opinion +VAT"
  },
  {
   "source": "fintechfactory.eu",
   "provider": "FintechFactory",
   "component": "legal_opinion",
   "low": 2000,
   "high": 2000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "EU_MiCA",
   "assetClass": "meme_coin",
   "sourceDate": "2026",
   "vendorConflict": true,
   "quote": "$2,000.00 per legal opinion +VAT"
  },
  {
   "source": "tokenizestartup.com",
   "provider": "Brickken",
   "component": "platform_fee",
   "low": 5000,
   "high": 5000,
   "currency": "USD",
   "cadence": "one_time",
   "jurisdiction": "EU",
   "assetClass": "generic",
   "sourceDate": "2026-03",
   "vendorConflict": false,
   "quote": "initial setup fee of approximately $5,000 for basic deployments"
  }
 ]
}
