1, 2, 3? Nope, here’s 129Knots! They’re a Singapore-based real-world asset origination to distribution (OTD) platform, that just launched and raised some $$$!
Investor check. Sing Fuels, a global energy trading company, led the round with $10M.
⛏️ Breaking down the jargon
Financial institutions typically operate under the originate-to-hold model, where banks originate loans and hold them until maturity.
But these days, institutions would distribute loans by syndicating or selling them to third parties.
💘 Where they come in
Their OTD tech offers scalable liquidity solutions through secure chain technologies.
On the horizon? They’re focused on the marine energy transition vertical right now, but they’re planning to venture into other high-growth industries.
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