SC Ventures' SWIAT and Olea Collaborate on Tokenized Trade Finance
SC Ventures @scventuresDNA backed SWIAT and Olea are partnering to tokenize trade finance assets. SWIAT, a blockchain platform founded by DekaBank @DekaBank, recently tokenized its first trade receivable involving a Hong Kong supplier, with Olea, a joint venture of SC Ventures and LinkLogis, acting as the asset originator. Olea aims to disrupt traditional trade finance by offering alternative liquidity through tokenized assets, enabling either primary or secondary market transactions. This partnership leverages blockchain to expand trade finance as an asset class and diversify funding sources. Olea also recently received a capital markets license in Singapore, further boosting its international presence.
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