PrimeRevenue Tokenizes Electronic Time Drafts on Solana to Bridge Trade Finance and DeFi
PrimeRevenue, a global leader in working capital solutions, has announced the tokenization of its patented Electronic Time Draft (ETD) instrument on the Solana blockchain. This initiative aims to connect PrimeRevenue's extensive network of corporate clients and funding partners directly to decentralized finance (DeFi) and on-chain capital markets. The move leverages Solana's high-speed, low-cost infrastructure to enable real-time reconciliation and instant settlement for issuance, transfers, and maturity events. By bringing these traditional trade finance assets on-chain, PrimeRevenue intends to provide institutional investors with access to a high-quality, short-duration real-world asset (RWA) class while offering corporates new methods to unlock liquidity.
Tickers: $SOL
Topics: Blockchain Solana Tokenization Trade Finance Working Capital