SINGAPORE, July 17, 2024 /PRNewswire/ -- TradeFlow
Capital Management (TradeFlow) is pleased to announce its first
eNote tracker certificate has been listed on Obligate, the leading
on-chain capital markets platform. The certificate offers investors
a unique and innovative investment opportunity to track the
performance of the USD TradeFlow Fund transparently, efficiently
and within a regulated environment. This gives European and global
investors the cost benefits of a Cayman fund structure but through
a regulated digital asset security.
This development follows the strengthened collaboration between
Obligate and TradeFlow over the past six months, during which
millions of dollars of fixed-income assets were successfully issued
by TradeFlow via Obligate. The financial innovation represented by
this listing marks an important step towards increasing liquidity
in the trade finance sector, offering a new solution to support
SMEs in the commodities sector.
The tracker certificate, issued as an eNote, enables investors
to participate in the performance of the fund in a tokenized form.
Investments can be made in USD-backed stablecoin (USDC), with
custom certificates available for issuing starting from
USD 100k. By tokenizing this fund for
the first time through an eNote tracker certificate, Obligate
enables Digital Assets investors to get direct exposure to a secure
yet higher-yielding investment opportunity at a much lower ticket
size and far more easy subscription process.
In addition, the collaboration will expand with the launch of a
first fixed income eNote issuance linked to the TradeFlow EUR fund
and denominated in EUROe stablecoin. This allows EUR-based
investors to gain exposure to the TradeFlow strategy without taking
additional FX exposure.
Fund tokenization, which involves converting rights to a fund's
assets into digital tokens, is increasingly shaping the future of
finance by enhancing liquidity, transparency, and
accessibility.
Dr Tom James, CEO and CIO of
TradeFlow said: "Going LIVE represents a pivotal step from theory
to reality. TradeFlow is proud to pioneer the tokenisation of our
commodities-backed Funds to open up a new source of liquidity,
allowing us to support more trade growth for the SMEs around the
world we work with. Digitalisation is at the core of Tradeflow's
success as a specialist fund manager over the past 8 years in
international trade asset finance, and so it was only natural to
embrace the digital asset tokenisation technology and be able to
offer investors even more ways to access our TradeFlow Funds and
this asset class."
Tobias Wohlfarth, Head of
Origination at Obligate, commented: "We are pleased to support
TradeFlow with the introduction of their first tracker certificate
to efficiently tokenize their funds. This strengthens our
partnership, boosting liquidity and offering investors new
opportunities for accessing TradeFlow's funds. We look forward to
continuing our collaboration and exploring further ways to provide
versatile and innovative investment solutions."
Further expansion of the collaboration with TradeFlow and
Obligate is in the works, with the potential launch of ESG-themed
products linked to TradeFlow's new Critical Minerals fund.
Media Contacts
For TradeFlow: Daniel Chua, Head, Stakeholder
Relations and ESG : daniel.chua@tradeflow.capital
For Obligate: Hannah Fröjd, Head of Marketing,
hannah@obligate.com
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