Bitcoin Suisse, a leading provider of crypto-financial services, has announced the issuance of tokenized bonds on the Obligate platform, which operates on the Polygon blockchain. This issuance represents a digital representation of bonds using blockchain technology, ensuring transaction transparency and security.

The tokenized bonds, settled in the stablecoin USDC, will help Bitcoin Suisse expand its internal credit business. Sandro Hüviler, Head of Treasury at Bitcoin Suisse, emphasized that the additional capital will contribute to the company’s growth.

Stefan D. Meyer, co-founder and Chief Legal Counsel of Obligate, noted that the platform provides a reliable legal framework and advanced blockchain technology for institutional-level brokers and custodians.

Founded in 2013 and based in Zug, Bitcoin Suisse is one of the first companies in Switzerland to offer loans secured by cryptocurrency assets. Among Obligate’s investors are Circle, Blockchange Ventures, Earlybird Venture Capital, and the SIX Group.

For more detailed information, please visit: Bitcoin Suisse. 

Obligate is an online capital markets platform operating on the Polygon blockchain. The platform allows companies to issue tokenized bonds and obtain funding from investors within a regulated decentralized finance (DeFi) environment. Using the stablecoin USDC for settlements, Obligate ensures high transparency, security, and reliability of transactions. 

The platform is designed for institutional investors and offers advanced blockchain technology and a legal framework for the issuance and management of digital assets.

For more detailed information, please visit: Obligate.