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FQX, Credit Suisse, SFS & Mikron successfully complete eNotes Pilot

Tuesday 11 January 2022 14:26 CET | News

FQX, Credit Suisse, and SFS & Mikron have announced a successful completion of a Pilot using eNotes as a financing instrument. 

In a pilot transaction, leveraging the technology built by the Switzerland-based fintech FQX, Credit Suisse provided financing to SFS & Mikron using the electronic Promissory Note, or eNote. The eNote is a blockchain-based short-term debt instrument with which corporates like SFS & Mikron can radically facilitate their corporate treasury operations while increasing financial steering flexibility.

SFS is a global provider of mechanical fastening systems, assemblies, precision components, and logistics solutions. Mikron Group develops, produces, and markets highly precise, productive and adaptable automation solutions, machining systems, and cutting tools. 

FQX is a startup that is building a decentralised global infrastructure for short-term debt using blockchain technology. 


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Keywords: partnership, blockchain, fintech , financing , startup
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: Switzerland
This article is part of category

Blockchain & Cryptocurrencies