Creditcoin and Credefi Announce Strategic Partnership to Democratize and Streamline Access to Real-World Assets
Credefi, a blockchain lending platform that bridges the gap in debt financing across the European Union, is expanding its user base globally by integrating with the Creditcoin network, an EVM-compatible Layer 1 blockchain that built its reputation as the world’s leading real-world asset (RWA) infrastructure for fintech lenders in emerging markets.
Recently, Credefi expanded its RWA offerings with the announcement of its NFT Bonds. Financial institutions exclusively issue the NFT Bonds which can be fractionalized, traded, and claimed on the Credefi platform. These tokenized corporate bonds can be traded on-chain, thus expanding secondary markets and democratizing access to fixed maturities and interest-bearing yields from traditional debt instruments.
In addition, Credefi has introduced NFT Default Swaps, a derivative instrument designed to create a secondary market for RWA and digital asset-backed lending. These new Credefi offerings allow users to enjoy stable and predictable returns from commodities and financial instruments grounded in the real-world economy.
Both Creditcoin and Credefi are committed to bridging TradFi and DeFi by combining their expertise and resources to create a more inclusive and thoughtfully integrated financial infrastructure in which RWAs and smart contracts work in tandem to provide seamless and equitable financial solutions. With this partnership, Credefi will leverage the security and feature-rich efficiency of the Creditcoin network and streamline the process of tokenizing RWA financial instruments for dApps building on Creditcoin.
“Creditcoin’s big-picture vision to patiently carry out real blockchain use cases is impressive and admirable. Just one of many examples is its development company, Gluwa’s partnership with the Central Bank of Nigeria, and its recently announced initiative with Nigeria’s VP Office. We’re excited to partner and align our missions to facilitate real-world impact through blockchain technology, and better yet, offer our products to potentially hundreds of millions of new users globally,” said Ivo Grigorov, CEO and co-founder of Credefi.
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