Avalon Labs has released a whitepaper outlining its plan for an on-chain marketplace for tokenized real-world assets (RWA) powered by artificial intelligence. The new platform, set to launch exclusively on the BNB Chain, introduces an “AI-Model-as-a-Service” (AI-MaaS) offering and a novel tokenization framework.

An Open Marketplace for AI Compute

At its core, the Avalon platform is designed as an open marketplace connecting owners of GPU hardware with AI model developers and users. Instead of just renting raw computing power, the AI-MaaS model allows organizations to access ready-to-use, pre-trained AI models without the significant overhead of building or training them from scratch. The whitepaper details a structured marketplace with service tiers intended to manage demand volatility and ensure predictable access for critical operations.

To demonstrate the platform’s capabilities, Avalon’s initial offering will feature a reinforcement learning model running on H200 GPU hardware. This first use case is meant to show how high-performance models can be delivered through the marketplace, giving GPU owners a way to monetize idle capacity while providing model developers with a new distribution channel.

A New Standard for On-Chain Assets

A key technical innovation in Avalon’s blueprint is the Commercial Rights Tokenization (CRT) standard. CRT aims to expand beyond traditional RWA tokenization, which typically represents ownership of a physical asset. Instead, this new standard focuses on isolating and representing commercial rights, access to services, and legally enforceable claims on goods as on-chain tokens.

Avalon positions CRT as a method for bringing tangible, utility-driven services onto the blockchain in a compliant and commercially viable manner. The team highlights its multi-year experience in the RWA sector, including work on tokenized fixed-income products and T-bill experiments dating back to 2021. The lessons from these earlier ventures have reportedly informed the design of this new platform.

The project sits at the intersection of several key industry trends, including the growing demand for decentralized AI compute and the rising institutional interest in tokenized assets. The central challenge for Avalon will be whether its CRT standard and marketplace can successfully bridge the gap between blockchain-native assets and real-world legal enforceability.