Participants

The TaaS layer coordinates multiple participants.

Participant	Role
Yield Provider / Asset Originator	Sources the underlying asset, credit exposure, fund strategy, trading strategy, or RWA-backed yield source.
Strategy Manager	Manages strategy execution, risk limits, performance reporting, and operational updates.
Third-Party Verifier	Verifies reserves, NAV inputs, service-provider data, collateralization, or other product claims.
City Protocol TaaS Layer	Provides token issuance, investor controls, oracle infrastructure, attestation registry, subscription and redemption workflows, and distribution interfaces.
Neofinance Platform	Integrates tokenized products into user-facing applications, including City Neobank and partner apps.
Yield Investor	Subscribes, holds, redeems, or uses the tokenized product according to eligibility and product terms.