Description
Obligate provides an institutional-grade platform for on-chain finance, specializing in digital securities. The platform facilitates the entire lifecycle of securities, including compliance, structuring, issuance, and distribution. By leveraging blockchain technology, it aims to significantly reduce intermediaries and operational costs, offering up to a 5x faster issuance time. The platform operates under the Swiss DLT Act, issuing globally enforceable, regulated securities called eNotes™, which are ledger-based securities on public blockchains. Obligate serves three main segments: companies seeking to raise debt capital (Finance), investors looking for high-yield on-chain private credit and structured products (Invest), and businesses that want to use its infrastructure as a service to power their own issuance and distribution operations (Partner). 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.