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Tradeteq partners XinFin to offer tokenised trade finance products

Monday 27 September 2021 13:29 CET | News

Tradeteq has partnered with eXchange inFinite (XinFin) to offer tokenised trade finance products to institutional investors and has completed its first transaction. 

The offering utilises XDC Network’s blockchain technology to transform trade finance assets, which are re-packaged and distributed by Tradeteq, into non-fungible tokens. Institutional investors can buy and sell these tokens, which represent the value of an off-chain asset. This gives token holders legal entitlement to an asset or package of assets.

To ensure a secure migration of these assets from an off-chain product to an on-chain token, Tradeteq and XinFin have partnered with both a traditional off-chain asset custodian as well as a digital asset custodian. 


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Keywords: partnership, product launch, trade finance, NFT
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: World
This article is part of category

Blockchain & Cryptocurrencies






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