Nomura's Laser Digital Aids Saudi Credit Vault on BNB Chain
Nomura's Laser Digital is advising ZIG Finance on a tokenized Saudi SME private credit vault targeting a $100 million raise on BNB Chain.
Nomura's crypto subsidiary, Laser Digital, is advising ZIG Finance on the launch of a tokenized Saudi small and medium-sized enterprise private credit vault, according to TheBlock. The initiative targets a $100 million raise utilizing the BNB Chain infrastructure.
Project Scope
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The vault aims to connect institutional and private capital with Saudi SME credit opportunities through tokenization. By leveraging the BNB Chain, the project seeks to streamline issuance and access for regional private debt markets.
Key facts
- Nomura's Laser Digital is serving as an advisor for the initiative.
- The project targets a $100 million capital raise.
- The vault focuses on Saudi SME private credit.
- The deployment utilizes the BNB Chain network.
Source: theblock.co
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