> For the complete documentation index, see [llms.txt](https://tunakings-organization.gitbook.io/tuna-rwa-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://tunakings-organization.gitbook.io/tuna-rwa-docs/about-tuna-rwa.md).

# About TUNA RWA

## What is TUNA RWA?

TUNA RWA is the World's First Southern Bluefin Tuna Fishing Rights RWA Project.

TUNA is the world’s first Real-World Asset (RWA) project to tokenize the fishing rights for Australian Southern Bluefin Tuna (SBT). Supported by resources from Australia’s Stehr Group, the project issues TUNA Tokens on Solana that represent both the legal Individual Transferable Quota (ITQ) for SBT and the cash flows it generates.

The Total Allowable Catch (TAC) for SBT has been raised to 20,647 tonnes for 2024-2026, with Australia allocated 7,295 tonnes and enjoying steady annual increases. Since 1984, ITQs have been recognized as fully tradable and pledgeable private property rights.

Off-chain, quotas are registered and custodied through the Australian Financial Markets Association (AFMA); on-chain, smart contracts automatically deduct quota usage and record data in real time. Revenues—whether from leasing quotas or direct catch sales—flow into the project foundation to buy back tokens.

Combining scarce-asset upside, resilient cash flow, and high transparency, this model gives crypto investors low-barrier access to an ocean asset as scarce as oil for the first time. This white paper details TUNA Token’s resource scarcity, legal compliance, technical architecture, and revenue model in depth.

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**Next-Generation Fisheries Financial Infrastructure**\
TUNA tokenizes traditional fishery quota rights through blockchain technology, building a transparent and sustainable digital platform for marine assets.
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