Allows the Pool Admin to authorize a borrower to mint the tokenized asset (e.g., pool notes, tranche tokens, deal tokens).
This approval is required before any minting transaction can occur and confirms that all compliance checks, documentation, and operational prerequisites have been satisfied.
Once approved, the borrower can proceed to mint the asset that will be offered to investors.
Underwriting Approvals for Borrowers
Enables the Pool Admin to approve the borrower’s underwriting status based on credit evaluation, risk assessment, and internal scoring models.
This action ensures the borrower’s deal structure meets the platform’s underwriting standards.
Only after this approval can the deal move forward to the minting stage or investor onboarding.