Obligate

Switzerland-based Obligate essentially allows companies to issue on-chain bonds and commercial paper – or debt securities that define the terms of a loan – to receive funding from investors in a regulated decentralized finance (DeFi) environment.

Seed Funding Round: $4.7M

Seed Extension Round: $4M

Whitepaper

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

What is Obligate

With the Obligate platform, companies can issue on-chain bonds and commercial paper to obtain funding from a diverse range of investors.

This comes at a fraction of the cost and time of traditional offerings but with the same regulatory certainty, as the instruments are globally enforceable, regulated debt securities. At the same time, investors get access to a wide range of regulated digital debt assets which can be secured with on-chain collateral.

Utilizing smart contracts and tokenization in place of intermediaries such as paying and issuer agents, Obligate is able to reduce the costs associated with a bond issuance by 80% and reduce the time needed for an issuance from weeks to hours.