{
  "@context": "https://schema.org",
  "@type": "FinancialProduct",
  "registryType": "xrpl-rwa-asset",
  "symbol": "QBAR",
  "name": "QBaryon Technologies",
  "network": "XRP Ledger",
  "currencyCode": "QBAR",
  "issuerAccount": "rGYKNR86osXXNzCxq8fQyBbUKW8Nx4ks7A",
  "ammAccount": "rnZp8YMetUCrijRx15jsrmyogAgiANU4Ai",
  "quoteAsset": "USD",
  "category": "Tokenized Private Equity",
  "subClass": "SPV Participation Units",
  "issuer": {
    "slug": "zao-yu-ren",
    "name": "Zao Yu Ren",
    "type": "Private market SPV operator",
    "website": "https://zaoyuren.com/",
    "html": "https://dexlocate.com/issuer/zao-yu-ren"
  },
  "description": "QBaryon Technologies is a private Chinese quantum information technology company focused on quantum computing, quantum communication, quantum software, and quantum information infrastructure.",
  "assetThesis": "QBaryon develops engineering systems for the quantum era, connecting quantum hardware control, secure communication, software tooling, cloud access, hybrid computing, and advanced research workflows.",
  "whatItDoes": "QBaryon develops quantum computing systems, quantum communication platforms, quantum software environments, cloud access layers, secure networking concepts, photonic systems, experimental control tools, hybrid runtime infrastructure, and application frameworks for research, enterprise, industrial, and infrastructure use cases.",
  "businessModel": "QBaryon can generate revenue through quantum software, secure communication systems, private cloud access, research platforms, enterprise integrations, algorithm evaluation, engineering services, hardware-control tooling, and long-term collaborations with universities, laboratories, industrial groups, and infrastructure operators.",
  "structure": "Zao Yu Ren Holdings Limited manages the QBaryon investment exposure through ZYR Advanced Computing Holdings Ltd. and ZYR Qbaryon Equity SPV Ltd. The SPV holds a 6% non-dilutive equity interest in QBaryon Technologies Co., Ltd. QBAR tokenizes participation in that SPV on the XRP Ledger. QBaryon Technologies Co., Ltd. remains the operating quantum technology company, while Zao Yu Ren and the SPV manage tokenization, investor communications, legal documentation, transfer procedures, records, compliance, and related administration. The structure uses a $180,000,000 company valuation, 6% represented exposure, and a $10,800,000 tokenized allocation represented by 10,800,000 QBAR at a $1.00 launch price.",
  "whySpecial": "QBaryon operates in quantum information technology, a deep technology field where practical progress depends on hardware control, software runtimes, secure communication, reproducible experiments, and integration with existing computing infrastructure. Its work connects quantum computing, quantum communication, cloud infrastructure, artificial intelligence, materials research, advanced manufacturing, finance, energy, and national research infrastructure.",
  "sectors": [
    "Quantum computing",
    "Quantum communication",
    "Quantum software",
    "Secure infrastructure",
    "Advanced computing"
  ],
  "highlights": [
    "Private quantum information technology company focused on quantum computing, communication, and software",
    "SPV participation structure managed by Zao Yu Ren Holdings",
    "Exposure to quantum infrastructure, secure communication, hybrid computing, research platforms, and advanced software systems"
  ],
  "tokenomics": {
    "valuation": 180000000,
    "tokenizedPercent": 6,
    "tokenizedValue": 10800000,
    "launchPrice": 1,
    "launchSize": 10800000
  },
  "links": {
    "html": "https://dexlocate.com/token/QBAR",
    "json": "https://dexlocate.com/registry/assets/QBAR.json",
    "website": "https://qbaryon.com/",
    "issuerPage": "https://qbar.zaoyuren.com/",
    "disclosure": "https://qbaryon.com/tokenization",
    "xrpl": "https://livenet.xrpl.org/token/QBAR.rGYKNR86osXXNzCxq8fQyBbUKW8Nx4ks7A",
    "trade": "https://trensik.com/trade/xrpl:issued:QBAR:rGYKNR86osXXNzCxq8fQyBbUKW8Nx4ks7A",
    "logo": "https://zaoyuren.com/qbar.png"
  },
  "lastRegistryUpdate": "2026-06-27"
}