Project Harmonia opens for applications: the RFP is live

Today, September 17, 2026, Project Harmonia opens its Request for Proposals. Issuers, distributors and ecosystem participants can now register and apply for admission to a program connecting Allfunds' institutional distribution network with Solana's on-chain infrastructure.

Particula is managing the RFP process end to end, and applying our proprietary Particula Digital Asset Risk Framework (PDARF) to every fund put forward for admission.

What the RFP covers

Project Harmonia is built around two tracks. Track A is for tokenized funds that are already live and fully operational on Solana, seeking admission to Allfunds' distribution network now. Track B is for funds still in development or awaiting regulatory approval, admitted on a rolling basis over the next 6–12 months against a credible roadmap to launch.

Three categories can apply: issuers of tokenized funds, distributors (both traditional and Web3-native), and ecosystem participants, infrastructure, custody, data and compliance providers, and payments/FX partners supporting the tokenized fund value chain. There are no admission fees, and issuers and platforms may submit multiple proposals.

Where Particula fits

Every applicant fund is assessed by Particula across four dimensions: economic, legal, operational and technical, producing a risk rating and a data confidence score. That assessment is the primary analytical input to the Admission Committee's decision, but it is exactly that: an input. Admission, conditional admission and removal decisions rest solely with the Admission Committee, chaired by the Solana Foundation. Allfunds Blockchain participates as a non-voting observer, and ioBuilders, whose Asseto platform provides the technical integration layer between Allfunds Blockchain and Solana, sits on the Committee as technical advisor.

Particula's ratings and recommendations are independent professional opinions. They are not investment advice, and they are not an offer or solicitation to buy or sell any financial instrument.

The timeline from here

• September 16, 2026 - RFP applications open
• October 24, 2026 - Submission deadline
• October 2026 - Particula conducts PDARF due diligence on shortlisted candidates
• November 2026 - RFP winners announced
• Q4 2026 / Q1 2027 - First cohort goes live across the Allfunds distribution network and Solana

Why this matters

Allfunds connects more than 3,300 asset managers and financial institutions, with approximately €1.9 trillion in assets under administration as at June 30, 2026 — the world's largest fund distribution network. Solana processed 33 billion transactions in 2025, more than every other network combined, with 2.2 million active monthly wallets and over $17 billion in stablecoin float, and is already home to more than $4 billion in institutional real-world assets on-chain.

Project Harmonia is the mechanism for bringing these two networks together: a tokenized fund admitted under the program becomes accessible to both, without issuers having to build two separate go-to-market paths.

For issuers weighing whether to apply, the rating process is also a diagnostic. Every applicant, shortlisted or not, receives individual feedback from Particula on where their fund stands against the framework, useful well beyond this specific RFP round.

Applications are open now at project-harmonia.com. Full eligibility criteria and the submission questionnaire are available to registered participants.