DLT firm starts securitization platform for private debt

Bitcoin trading derivative adobe stock AS 230x150
By Max Adams
10 Jul 2019

A blockchain and distributed ledger technology (DLT) company is launching a platform to increase access to capital markets funding for small companies and open the private debt market to more investors.

New York-based Cadence specialises in helping small and medium-sized companies securitize short term cash flows such as invoices or other trade receivables. In turn, the companies are able to cover things like payroll and inventory with the proceeds.

Cadence structures transactions as pools of tradeable security tokens. ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial

Want to learn more? View subscription options