AllianceBlock partners with ABO Digital to boost crypto financing

March 17, 2023 01:12 AM AEDT | By Invezz
Follow us on Google News:

AllianceBlock, the company that seeks to bridge TradFi and DeFi through next generation decentralized infrastructure, has partnered with ABO Digital, the digital asset investment arm of ABO group.

The strategic partnership will allow AllianceBlock to offer tokenized financial products to institutions and crypto projects. The financial instruments will be powered by the Nexera Protocol and be extended to projects in need of alternative financing structures.

AllianceBlock will also package these instruments traditional Actively Managed Certificates (AMCs), with this option available to capital providers that don’t fancy holding digital assets, the company noted in a press release shared with Invezz on Thursday.

Creating a new era of crypto financing

Institutions are set to benefit from the revolutionary technology behind tokenized financial instruments, all in a more compliant and risk-averse environment, Rachid Ajaja, CEO of AllianceBlock, said in a statement. More companies and projects can now leverage this products for a seamless gateway between TradFi and DeFi, to take advantage of what’s available in the DeFi ecosystem, he added.

“This partnership marks a significant milestone for both companies and the industry as a whole, demonstrating our commitment to innovation, compliance, and risk management. The future of finance is looking brighter than ever.”

Crypto projects can tap into this partnership to access alternative funding options, including Simple Agreement for Future Tokens (SAFT) to issue tokens to VCs or market makers. ABO Digital and AllianceBlock will also look to close the gap between crypto and traditional financial markets through offering access to tokenized shares, bonds and funds.

Amine Nedjai, CEO of ABO Digital, noted:

“Together, ABO Digital and AllianceBlock represent the perfect combination of innovation, expertise, and professionalism in the cryptocurrency market. With our combined effort, we aim to bring a fresh perspective to the world of decentralized and traditional finance and attract more institutional capital providers.”

The two platforms are eyeing “a new era in finance,” Nedjai added, noting that the industry is ready to be both creative and professional.

The post AllianceBlock partners with ABO Digital to boost crypto financing appeared first on Invezz.


The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.

Top Listed Companies