SINGAPORE, June 17,2024 /PRNewswire/ -- Singapore-based Fintech-powered Fund
management firm TradeFlow Capital Management (TradeFlow) is proud
to announce the successful issuance of four AA-rated eNotes
through Obligate, the leading on-chain capital markets
platform.
The eNotes totaling over USD 3m
were issued in the previous 6 months with tenors of up to 6 months.
These USDC-denominated bonds launched on Polygon leverage
Obligate's eNote framework, ensuring a legally compliant and
globally acceptable standard for digital securities.
Through these issuances the USD TradeFlow Fund achieves an
optimization and diversification of its financing sources accessing
new sources of capital in a flexible manner. Further innovative
products tracking the performance of the TradeFlow Funds will be
launched soon.
Dr. Tom James, CEO of TradeFlow
stated: "As TradeFlow enters the 7th successful year of
our USD Fund, this development testifies to the robustness of our
business strategies, combining the best of asset-backed commodities
trade with the latest advances in FinTech to deliver even greater
value and returns to our investors."
Tobias Wohlfarth, Head of
Origination at Obligate, commented: "We are pleased to advance our
partnership with TradeFlow Capital Management, the investment
advisor to the Trade Flow Funds, to further prove Obligate's
capability to innovatively expand the financing options for funds.
We look forward to achieving more milestones with TradeFlow in the
near future."
About TradeFlow Capital Management (TradeFlow)
TradeFlow is the world's leading and first Fintech-powered
commodity trade fund manager, enabling the import/export physical
commodity transactions for SME size firms by employing its unique
non-credit lending approach to trade finance.
Through its USD Trade Flow fund and EURO Trade Flow Fund, to
date, TradeFlow has successfully invested in more than US$3.5 Bn of physical commodity trade through
3500+ transactions across 18+ countries and 35+ commodity types,
with more than 1800 SME counterpart entities KYC reviewed. The
Trade Flow fund strategy, which is also shariah complaint for
murabaha transactions, was conceived over 9 years ago and went live
in April 2018.
TradeFlow consists of a diverse team of experts with the focused
mission of addressing the increasing trade finance gap
(US$2.5 Trillion) faced by global
SMEs operating as producers/traders/end-users in the bulk commodity
trading space. By performing an enabling role in international
trade and globalization, TradeFlow creates stable asset backed
returns for its investors, opportunities for businesses and growth
for economies.
TradeFlow is a Partner of the International Chamber of Commerce
(ICC) to mobilise capital and improve trade finance access for
SMEs worldwide through the "'ICC Trade Now" and "ICC Digital Trade
Standards Initiative" platforms.
For more information, please
visit: www.tradeflow.capital or email us at
enquiry@tradeflow.capital.
About Obligate
Obligate AG is a member of VQF, a Swiss FINMA regulated AML SRO,
and a financial intermediary. Standing at the forefront of
institutional adoption in on-chain capital markets, Obligate is
providing a secure, transparent, and regulatory compliant platform
for the issuance, trading, and lifecycle management of debt
instruments natively issued on the blockchain. The platform's
unique architecture caters to the complex needs of institutional
investors whilst lowering the barriers of entry for issuers by
providing efficient access to multilateral financing. Featuring
their proprietary eNotes®, ledger-based securities based on the
most advanced DLT-legislation, a comprehensive dispute resolution
framework, and global enforceability of the debt securities,
Obligate demonstrates its commitment to meeting institutional
standards.
For more information, please visit : www.obligate.com
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