Purchase Approval

API Endpoint - Approve Purchase

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This flow only applies when the “Approve Required” flag is enabled for an asset.

Tokenized assets often require asset managers or regulatory bodies to approve investor purchases before token allocation. This flow ensures controlled onboarding and compliance.

How it Works

1. Investor Wallet Funding

   The investor deposits fiat currency or stablecoins into their rootVX-linked wallet. This wallet is tied to their verified identity.

2. Purchase Intent Creation

   An “Intent to Purchase” is initiated by the investor for a specific asset token. This transaction remains in a pending state.

3. Asset Manager Review & Approval

   The asset manager receives a notification and manually approves or rejects the transaction. This adds an administrative layer of oversight.

4. Token Transfer on Approval

   Upon approval, the requested number of tokens is automatically transferred to the investor’s wallet, and the fiat amount is debited.