Laser Digital, a subsidiary of Nomura, is advising ZIG Finance on a planned tokenized private credit vault for Saudi SMEs. The vault aims to raise $100 million and will be deployed on BNB Chain.
According to The Block, this marks a tokenized private credit deal entering the Middle East’s SME financing market.
· $100 million is the fundraising target; the materials do not specify current subscription progress.
· The parties involved are working on a tokenized credit product on BNB Chain.
Are you more interested in the quality of the underlying loans in these vaults or their on-chain fundraising progress?
$BNB
According to The Block, this marks a tokenized private credit deal entering the Middle East’s SME financing market.
· $100 million is the fundraising target; the materials do not specify current subscription progress.
· The parties involved are working on a tokenized credit product on BNB Chain.
Are you more interested in the quality of the underlying loans in these vaults or their on-chain fundraising progress?
$BNB
