TradeFlow Capital Management breaks new ground in the diversification of trade finance capital
Dr. Tom James, CEO of TradeFlow stated: “TradeFlow is pleased to start 2024 with this announcement that testifies to our strong focus on digital innovation and the digital economy. Working with the Obligate team to launch a bond through their platform further highlights the commercial efficiencies that can be achieved by leveraging Blockchain technology for raising capital and refinancing for asset backed trade finance transactions.”
Tobias Wohlfarth, head of origination at Obligate commented: “The issuance of this subordinated bond through the Obligate platform not only showcases our versatility in supporting a range of modular debt instruments, including senior and junior debt, but also expands the financing options available for funds. This adaptability enables funds to efficiently raise working capital tailored to their specific capital structure needs, allowing for direct engagement with capital markets.”
The transaction is noteworthy due to the direct investment by different types of accredited investors such as high-net-worth individuals (HNWI), investment firms and family offices. This aspect of the issuance, featuring investment from HNWIs and investment firms, directly connects issuers like TradeFlow to a diverse investor base in a more efficient and straightforward process compared to the traditional finance channels.