📉 German fintech company Teylor and infrastructure provider Taurus have teamed up to tokenize loans to small and medium-sized businesses (SMBs).
- Taylor will issue and manage loans through its platform.
- Tokenization on the Taurus blockchain and the TDX regulated market will allow investors to participate in returns through a secure secondary market.
- In 2021, the Italian Azimut group tokenized the first portfolio of loans for SMEs through Sygnum Bank.
- On June 6, Defactor Labs tokenized $100 million of Alpha Bonds on the Polygon MATIC network for lending to SMEs using real assets as collateral.
- Teylor Ledger-Based Security for SMB loans will start with Ethereum and will expand to other blockchains such as Polygon and Tezos.