Entity Access

Entity setup remains restricted to approved legal and compliance tracks.

Identity Status

approved/approved

KYC/KYB and sanctions checks are mandatory.

Settlement Readiness

blocked

Settlement remains simulation-only until approvals are complete.

Entities

Blocked

Provider approval pending | Compliance and legal review required | Board authorization required

Required Evidence

Awaiting venue legal review | legal | compliance | risk | board

Rail Status

Category	Status	Mode
fiat-rails	approved	instruction-ready
stablecoin-rails	pending	dry-run
xrpl-rails	approved	dry-run
exchange-rails	pending	dry-run

XRPL Conversion Planner

simulation-only

Route risk: medium. Mode remains read-only or simulation-only.

Algorithmic Strategy Gate

Simulation

Live execution remains disabled by default.

Approval Gate

Blocked by default

No live banking transfers | No live trading by default | No XRPL signing | No unlicensed provider workflows

Troptions provides institutional operating infrastructure. Broker-dealer, custody, banking, exchange, SBLC, POF, stablecoin, RWA, and trading workflows are subject to provider approval, legal review, licensing review, KYC/KYB, AML, sanctions screening, jurisdiction controls, risk approval, and board authorization.