Skip to content

Tradeteq partners with XinFin in first trade finance NFT transaction

Words by Eleanor Wragg, Global Trade Review

Avg. 1 Min read

Tradeteq logo

Tradeteq, a technology provider for trade finance asset distribution, has completed what it says is the world’s first trade finance-based non-fungible token (NFT) transaction, on Singapore-based eXchange inFinite’s (XinFin) XDC network.

Originally launched in 2018, Tradeteq’s platform enables originators to package trade finance products into standardised investments that can be bought and sold through private distribution networks and settled like common fixed income products. The fintech’s core business has been the bank to capital market channel, which involves the repackaging of open account instruments into fungible notes that can then be sold to entities such as fund managers, insurers and investors.

READ full article

About the author

Eleanor Wragg is a senior reporter at GTR, where she covers the trade, export, commodity and supply chain finance markets, as well as the political risk and trade credit insurance, treasury and fintech sectors.

Other content you make like

XDC Weekly Mar 19 - Mar 25

XDC Foundation

XDC Weekly Mar 12 - Mar 18

XDC Foundation

XDC Network Takes Center Stage at ETHDubai 2023 with Impressive Ecosystem and Keynote Speakers

Nadar Suresh

We value your privacy

We use cookies to enhance your browsing experience, serve personalised ads or content, and analyze our traffic. By clicking “Accept All”, you consent to our use of cookies.