Opacity, friction, illiquidity — the hidden cost of legacy ABS infrastructure.
01
Asset opacity
Auto loan pools rely on aggregated, static data. Investors price risk without real-time visibility into individual underlying assets — and originators can't demonstrate collateral quality at the loan level.
02
Operational friction
SPV structuring, servicer reporting, agent services and waterfall distributions involve weeks of manual reconciliation across siloed systems and CSV file exchanges. Every reporting cycle is a reconciliation exercise.
03
Structural illiquidity
ABS tranches are structurally illiquid. Secondary market access is restricted to large institutions through OTC transactions — pricing in a liquidity premium that raises the cost of funding for every originator in the market.
SOLUTION
Built from the asset up.
Cara7 bridges the physical underlying asset and the capital market. Each auto loan or lease is anchored to a verified, tamper-proof digital record — combining real-time vehicle data, obligor profile, loan-leasing contract, and issuer information into a single, MOBI-standard asset passport. These loan-level records are then pooled, structured, and issued as on-chain ABS security tokens compliant with the EU Securitisation Regulation — giving issuers faster execution, SPV managers automated reporting, credit risk agencies faster and more accurate credit risk analysis, and investors real-time visibility into the collateral backing their position.
01
Vehicle Digital Passport
→
02
Loan / Lease issuers
→
03
SPV Structuring
→
04
Token Issuance
→
05
Investor Dashboard
PRODUCT
What it does for each player.
Automated
loan tape
real time 24/7
access
FOR AUTO ISSUERS & ORIGINATORS
Originate better. Structure faster.
Cut time-to-close on new ABS transactions by up to 60%.
Reduce credit and market risks.
Automated loan tape generation anchored to certified on-chain records. Direct SPV handoff via ESMA compliant APIs.
FOR SPV MANAGEMENT COMPANIES
Your SPV, automated from waterfall to regulatory report.
Asset-level visibility into every loan. Live NAV, instant settlement on-chain, fractional tranche access — beyond traditional OTC distribution.
FOR DEFI-NATIVE INVESTORS
ABS notes on-chain. Productive off-chain.
Post Cara7 auto ABS tokens as collateral, integrate into yield strategies, use them as productive treasury assets — while the loan pool keeps generating its coupon.
ABS Note
Tokenization
MARKET
A $180bn annual market running on legacy infrastructure.
US AUTO ABS — NEW ISSUANCE, 2023
$144bn
SIFMA / NAIC
EU AUTO ABS — AVERAGE ANNUAL ISSUANCE
€29bn
AFME (2011–2023 avg)
RWA TOKENIZATION OPPORTUNITY BY 2030
$2–16T
McKinsey / BCG
The tokenization of real-world assets is projected to reach $2–16 trillion by 2030 (McKinsey / BCG). Auto ABS — with its standardised loan pools, regular cash flows, and high data availability — is uniquely positioned to lead this transition. Cara7 is building the rails.
HOW IT WORKS
Built on open standards. Designed for regulated markets.
Vehicle Digital Passport
Immutable, NFT-based asset identity anchoring each loan to real-world vehicle data (odometer, maintenance, battery SoH), plus obligor, contract and issuer data.
ESMA-Standard
Data Layer
Interoperable data standard provided by ESMA framworks for auto finance securitization.
Smart Contract SPV
Automated waterfall, distribution, and covenant enforcement via auditable on-chain smart contracts.
Tokenized Tranches
Compliant security tokens with KYC/AML enforcement and transfer restrictions for regulated investors.
WHO WE WORK WITH
Built for the full ABS value chain.
Auto Issuers & Captives
Enrich your loan origination data. Reduce credit, market risks and agency cost through better pool transparency.
SPV Managers
Replace manual servicer operations with programmable, auditable smart contract infrastructure.
ABS Investors
Move beyond the rating agency summary. Get asset-level data and real-time portfolio monitoring.
TRUSTED BY INDUSTRY
Built with the people building the rails.
MOBI member
Mobility Open Blockchain Initiative — FSSC Working Group on Finance, Securitization & Smart Contracts.
EU Battery Passport compliant
Compliant with the EU Digital Battery Passport regulation — enforcement 2027.
Live pilots
Active pilots with fleet managers, issuers, and SPV management companies.
"It is worth to have an immutable database containing information on the vehicles (and related loans & leases) that are financed through a securitization of the auto loans and leases."
Howard Altarescu · Former Head of Mortgage Finance & co-Head of Asset-Backed Finance, Goldman Sachs · Partner, Orrick · Coordinator, MOBI FSSC Working Group