Sygnum, Float & Fasanara launch tokenized private debt asset

Sygnum announced strategic partnership; tokenization platform collaboration with Float; Fasanara Capital on October 26, 2023.

Primary

Sygnum

Counterparty

Float; Fasanara Capital

Structure

strategic partnership; tokenization platform collaboration

Date

October 26, 2023

Sub-sector

Lending

Three firms collaborate to tokenize private debt markets on blockchain, enabling fractional investment access to SME loans with 14% annual yield and regulatory compliance under Swiss DLT framework.

Primary company

Sygnum

Counterparty

Float; Fasanara Capital

Amount

Not disclosed

Event date

October 26, 2023

Sub-sector

Lending

HQ

Not disclosed

Structure

strategic partnership; tokenization platform collaboration

Source published

October 26, 2023

Publisher

TMCnet (PRNewswire)

Source: tmcnet.com