NCCNL, issued by MetaWealth Platform SRL, is a tokenized-funds instrument that gives onchain exposure to NorthLight & New Confort City through a regulated real estate-backed bond [S1][S2].

NorthLight & New Confort City (NCCNL) is the reference real estate exposure underlying the bond, which pays a fixed coupon plus variable upside that depends on the product strategy, ranging from stabilised rental income with appreciation to construction, energy storage, or private credit returns [S3]. Tokenholders bear a token purchase fee of 1.9 percent, a quarterly assets-under-management fee of 0.6 percent, and a 5 percent rental yield distribution fee [S4].

The issuer of record is MetaWealth Platform SRL, a Romanian company, with bonds issued through a Luxembourg securitisation company that uses compartments providing segregated assets and liabilities across strategies [S5][S1][S6]. Each bond carries an ISIN, is described as MiFID II compliant, and is admitted to trading on an EU Multilateral Trading Facility authorised by the CNMV, offered for professional investors only [S1]. Participation requires KYC and AML verification and accredited or qualified investor status [S4]. Redemption runs through quarterly buyback windows priced at the latest Colliers property valuation, alongside a secondary marketplace and MTF trading [S4][S1]. Interests may be held by MetaWealth or a third-party custodian [S4].

In the token model, interests are issued as ERC-20 tokens on the Ethereum and Solana blockchain networks, representing claims on the underlying real estate [S4]. Tokens are purchased and recorded onchain, with onchain transfers incurring gas fees [S4]. Buyback pricing relies on Colliers property valuations, and interest payment reports are published bi-annually [S4][S7].

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  retrievedAt="2026-06-21"
  items={[
    { id: "S1", url: "https://metawealth.co" },
    { id: "S2", url: "https://metawealth.co/stable-growth" },
    { id: "S3", url: "https://metawealth.co/products" },
    { id: "S4", url: "https://metawealth.co/legal/term-of-service" },
    { id: "S5", url: "https://metawealth.co/legal/privacy-policy" },
    { id: "S6", url: "https://metawealth.co/resources" },
    { id: "S7", url: "https://metawealth.co/reports" },
  ]}
/>


# Asset transfer count methodology

## 1. Overview

Asset transfer count is defined as the number of user transactions that move assets between addresses. It is utilized to reflect how frequently assets are used for payments, trading, or other onchain activity. The metric is calculated daily for each tracked asset across all supported blockchains. By aggregating these transfer events, a comprehensive view of onchain utility and transactional velocity is provided.

## 2. Data sources

- **EVM chain events**: ERC-20 token transfers, covering EVM-compatible chains (Ethereum, Arbitrum, Base, Polygon, Optimism, and others)
- **Solana instructions**: SPL token transfers
- **Other blockchain events**: Token transfers, withdrawals, and mint events across non-EVM chains (Solana, Aptos, Near, Polkadot Asset Hub, Stellar, and others)
- **Asset metadata**: Token addresses and decimal precision

## 3. Step-by-step calculation

### Component A: Extract and count raw transfer events

- **Purpose**: Identify and count individual token transfer events on a daily basis for each asset.
- **Logic**: On EVM-compatible chains, ERC-20 token transfers are parsed and counted. On Solana, SPL token transfers are parsed and counted. On Aptos, Near, and Ripple, token transfers and withdrawals are parsed and counted. On Stellar, classic token withdrawals and Soroban token transfers are aggregated. On Sui, token withdrawals and token mint events are aggregated. On Cardano, UTXO withdrawals and token mint events are aggregated. On Polkadot Asset Hub, `Transferred` events from the `assets` pallet are parsed.
- **Key fields**: `token_address`: The unique identifier of the token contract or asset. `block_timestamp`: The timestamp of the transaction block.

### Component B: Daily aggregation and zero-filling

- **Purpose**: Aggregate the daily transfer counts per asset and ensure continuous time-series data.
- **Logic**: The extracted transfer counts are aggregated daily for each token address on its respective chain. For days where no transfer activity is recorded for a tracked asset, the time series is filled with zero values to ensure a continuous daily record.
- **Key fields**: `timestamp`: The day of the activity. `asset_transfer_count`: The daily count of transfers per token on a specific chain.

### Component C: Final aggregation

- **Purpose**: Combine the daily transfer counts across all supported chains for each asset.
- **Logic**: The daily transfer counts from all individual chains are combined. Token addresses are mapped to unique asset identifiers using asset metadata. The final daily asset transfer count is then aggregated across all chains for each asset.
- **Key fields**: `timestamp`: The day of the activity. `asset_transfer_count`: The total aggregated daily transfer count for the asset.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Number of transfer transactions involving the asset.

Asset transfer count

Tokenized funds

MetaWealth tokenizes luxury real estate developments on the Solana blockchain, providing fractional ownership through digital tokens. Each property token represents ownership stakes in specific real estate projects with transparent income distribution and professional property management.

A luxury real estate tokenization platform specializing in premium residential developments, offering accessible investment opportunities in high-value properties through blockchain-based fractional ownership.

Real estate investors seeking tokenized access to premium residential and commercial properties in prime global locations including Europe and Latin America.

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Real-world asset (RWA) issuers

MetaWealth

NorthLight & New Confort City (NCCNL) is a tokenized fund share issued by MetaWealth.

The fund invests in real estate and locks up subscriptions for 0 months.

Professional investors can subscribe and redeem after completing KYC.

NCCNL has been issued on public blockchains since May 2023 and is native to Ethereum and Solana.

NorthLight & New Confort CityNCCNL