Phase 1
Foundation
Define entities, product boundaries, accounting books, canonical registries and public status language.
Activation roadmap
Gates, not promises.
The roadmap describes the order of evidence needed to activate financial capability. It does not imply launch dates, licences or universal availability.
Phase 2
Readiness
Complete legal analysis, risk assessments, provider diligence, security review and operational runbooks.
Phase 3
Partner sandbox
Test approved routes with synthetic or strictly controlled value, reconciliations and incident exercises.
Phase 4
Jurisdiction pilot
Activate a narrow entity-product-market combination only after documented approval.
Phase 5
Scaled operation
Expand assets, routes and markets through the same gate; never by automatic inheritance.