---
type: entity
entity_type: company
name: Areal DAO
domain: internet-finance
status: active
founded: 2025
headquarters: unknown
website: https://areal.finance
social:
  twitter: https://x.com/areal_finance
  github: https://github.com/arealfinance
key_metrics:
  pilot_raise: "$25,000"
  pilot_participants: 120
  pilot_apy: "~26%"
  futardio_raise_target: "$50,000"
  futardio_raise_actual: "$11,654"
  futardio_status: "REFUNDING"
tracked_by: rio
created: 2026-03-11
source_archive: "inbox/archive/2026-03-07-futardio-launch-areal.md"
supports:
  - "areal demonstrates rwa tokenization with vehicle pilot achieving 26 percent apy through carsharing revenue"
  - "Areal: Futardio ICO Launch"
  - "areal proposes unified rwa liquidity through index token aggregating yield across project tokens"
  - "areal targets smb rwa tokenization as underserved market versus equity and large financial instruments"
reweave_edges:
  - "areal demonstrates rwa tokenization with vehicle pilot achieving 26 percent apy through carsharing revenue|supports|2026-04-04"
  - "Areal: Futardio ICO Launch|supports|2026-04-04"
  - "areal proposes unified rwa liquidity through index token aggregating yield across project tokens|supports|2026-04-04"
  - "areal targets smb rwa tokenization as underserved market versus equity and large financial instruments|supports|2026-04-04"
---

# Areal DAO

Areal is a full-stack RWA (real-world asset) DeFi protocol focused on tokenizing small and medium business assets, providing liquidity infrastructure, and implementing futarchy-based governance. The platform aims to solve fragmented RWA liquidity through an index token (RWT) that aggregates yield across project tokens.

Areal completed a pilot in September 2025 tokenizing a vehicle in Dubai ($25K raised, 120 participants, ~26% APY through carsharing revenue). The team attempted a Futardio launch in March 2026 targeting $50K but only raised $11,654 before entering REFUNDING status.

## Timeline

- **2025-09** — Pilot launch: tokenized 2023 Mini Cooper in Dubai, raised $25,000 from 120 participants, achieved ~26% APY through carsharing revenue split (60% to token holders, 40% to operator)
- **2026-03-07** — Futardio fundraise launch targeting $50,000 at $129,000 valuation
- **2026-03-08** — Futardio fundraise closed with $11,654 raised (23.3% of target), entered REFUNDING status

## Relationship to KB

- Demonstrates RWA tokenization for small-scale assets (vehicles, hospitality)
- Failed futarchy-governed fundraise provides counterpoint to successful launches like CULT
- Targets SMB asset tokenization as underserved market versus equity-focused RWA platforms
- Proposes index token mechanism (RWT) to unify fragmented RWA liquidity