For the first time investors can now access customized investment products issued natively on-chain. The products issued on the Polygon blockchain can provide exposure to a wide variety of assets combined with bespoke payoff profiles that were previously not available as an investment solution to investors looking to deploy their Digital Assets. Higher levels of transparency, automation, and efficiency can be achieved by replicating the product mechanics using Obligate's Smart Contract-based platform.
"As we continue to evolve the financial sector, Obligate is excited to partner with STS Digital Ltd, combining our technological leadership with their trading expertise," said Tobias Wohlfarth, Head of Origination at Obligate. "This partnership is set to redefine the investment possibilities available to investors on-chain, aligning perfectly with our vision of pioneering a regulated and decentralized financial future."
The partnership will extend beyond the current product to establish an extensive product suite alongside a broad spectrum of digital asset services, showcasing the wide-ranging competencies of both entities.
Wohlfarth noted the addition of Structured investment products to the Obligate platform underlines the scalability of the Obligate platform and its potential to deliver Blockchain-based investment solutions for a broad set of client demands in the digital asset domain.
STS Digital Ltd, overseen by the Bermudan Monetary Authority, contributes its expertise in digital asset derivatives and structured product issuance for institutional investors. The collaboration signifies a shared dedication to advancing the digital asset field, delivering products attuned to market needs and the sophisticated investor.
Gideon Hyams, co-founder of STS Digital Ltd, shared the excitement for the release. "Our partnership with Obligate allows us to bring structured products on-chain and make the product life-cycle fast and cost efficient. Our expertise in derivatives allows us to transform high volatility from digital assets into attractive coupons and payouts."
Going forward Obligate and STS Digital will offer, amongst other services, tailor-made investment products based on client requests alongside monthly highlight products with the second product already in subscription.
For detailed information on this structured product and other services from Obligate and STS Digital, visit their respective websites at https://obligate.com/ and https://www.stsdigital.io/.