Case studies
The following case studies illustrate Denara’s ability to design, secure and operate production-grade Web3 systems, combining protocol-level engineering, secure key management, on-chain / off-chain orchestration and regulatory-aware architectures.
All examples reflect real delivery patterns executed by Denara squads.
UAE — Permissioned Tokenization Platform (VARA / ADGM-aligned)
Context
A UAE-based investment group launching a tokenized real-world asset platform targeting professional and institutional investors, under VARA / ADGM regulatory frameworks.
UAE — Permissioned Tokenization Platform (VARA / ADGM-aligned)
Context
A UAE-based investment group launching a tokenized real-world asset platform targeting professional and institutional investors, under VARA / ADGM regulatory frameworks.
Technical Scope
Permissioned token model enforcing investor eligibility
Prevention of unauthorized secondary transfers
Full traceability, auditability and upgradeability
Integration with institutional-grade custody
What We Did
Designed an EVM-compatible architecture separating on-chain asset logic from off-chain compliance services
Implemented ERC-3643 permissioned tokens with modular contracts (issuance, transfers, corporate actions)
Built on-chain whitelisting, transfer hooks and upgradeability patterns (UUPS / proxy)
Integrated MPC-based custody, role-based access control and key policy enforcement
Outcome
A fully permissioned, upgradeable tokenization platform enforcing compliance directly at smart contract level, ready for institutional issuance under UAE regulatory frameworks.
EU — Institutional Digital Asset Treasury (MiCA / CSSF-aligned)
Context
A European fintech operating multiple regulated entities with institutional digital asset exposure, preparing for MiCA-aligned operations.
EU — Institutional Digital Asset Treasury (MiCA / CSSF-aligned)
Context
A European fintech operating multiple regulated entities with institutional digital asset exposure, preparing for MiCA-aligned operations.
Technical Scope
Secure digital asset custody
Elimination of single points of failure
Governance enforcement at transaction level
Auditability and operational resilience
What We Did
Designed an MPC-based treasury architecture (hot / warm / cold wallets)
Implemented multi-entity treasury separation and policy-driven approvals
Enforced RBAC, quorum-based validation and transaction simulation
Deployed monitoring, alerting and incident response mechanisms
Outcome
A resilient, auditable treasury infrastructure supporting institutional-scale operations, fully aligned with European regulatory expectations.
Asia — Tokenized Investment Product (SFC / MAS)
Context
An Asia-based asset manager launching a tokenized investment product across Hong Kong and Singapore.
Asia — Tokenized Investment Product (SFC / MAS)
Context
An Asia-based asset manager launching a tokenized investment product across Hong Kong and Singapore.
Technical Scope
Jurisdiction-aware investor eligibility
On-chain / off-chain consistency
Full investment lifecycle management
What We Did
Designed permissioned smart contracts with jurisdiction-specific rules
Implemented snapshot-based ownership tracking and event-driven corporate actions
Built off-chain compliance engines, reconciliation services and reporting layers
Added fail-safe mechanisms to ensure
operational continuity
Outcome
A jurisdiction-aware tokenization platform compliant with SFC and MAS requirements, ready for institutional distribution.
US — Smart Contract Audit & Protocol Security Review
Context
A US-based Web3 protocol preparing for mainnet launch and institutional integrations.
US — Smart Contract Audit & Protocol Security Review
Context
A US-based Web3 protocol preparing for mainnet launch and institutional integrations.
Technical Scope
Protocol and smart contract security assessment
Governance and upgrade safety
Economic and access-control validation
What We Did
Conducted in-depth manual smart contract audits
Analyzed reentrancy, privilege escalation and upgradeability risks
Performed threat modeling and attack-surface mapping
Delivered severity-ranked findings with exploit scenarios and remediation guidance
Outcome
A hardened protocol ready for institutional due diligence, production deployment and external integrations.