Small enterprise lending protocol Defactor tokenizes $100M in bonds

On June 6, decentralized finance (DeFi) lending platform Defactor Labs mentioned that it tokenized $100 million price of Alpha Bonds utilizing the ERC-3643 token customary. The bonds, tokenized on the Polygon (MATIC) community, can be lent to small- and medium-sized enterprises utilizing real-world belongings, comparable to receivables, as collateral.

Defactor Labs partnered with legislation agency CMS to supply authorized pointers and documentation, selecting Luxembourg because the instrument’s governing jurisdiction. In the meantime, Black Manta Capital Companions offered a broker-dealer license and market powered by Tokeny’s ERC-3643 tokenization engine for Alpha Bonds.

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