Defactor Small Business Lending Protocol Tokenizes $100 Million in Bonds By Cointelegraph

On June 6, Decentralized finance (DeFi) lending platform Defactor Labs said it had tokenized $100 million worth of Alpha bonds using the ERC-3643 token standard. The bonds, tokenized on the Polygon (MATIC) network, will be lent to small and medium-sized businesses using real-world assets, such as accounts receivable, as collateral.

Defactor Labs partnered with the CMS law firm to provide legal guidance and documentation, choosing Luxembourg as the governing jurisdiction for the instrument. For its part, Black Manta Capital Partners provided a brokerage license and a marketplace powered by Tokeny’s ERC-3643 tokenization engine for Alpha Bonds.

We are LIVE! @DefactorLabs CEO and Co-founder of @Defactor_ Alejandro Gutierrez (@A_gutierro) officially launches the first ever European Institutional #DeFi investment product, Alpha, live on stage at @money2020!We were chosen as one of the top ten finalists out of… pic.twitter.com/mPDpbEQFXr

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