PrimeRevenue, described as a global leader in working capital solutions, is introducing Electronic Time Drafts on Solana, marking its first step in bringing traditional trade finance onchain. The move connects the company's network of 50,000 companies and more than 100 funding partners to onchain capital markets. Ben Brophy, Head of Institutional Growth, Europe at the Solana Foundation, said the development builds on existing momentum in stablecoins and tokenised assets on Solana and represents progress toward linking institutional finance with faster, more efficient global capital markets.

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  1. First reportPrimeRevenue brings electronic time drafts and trade finance onto Solana5 acc.
  2. Leviathan published this article

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Cited posts

  • @solanaFirst reportOn X ↗

    BREAKING: PrimeRevenue is bringing Electronic Time Drafts to Solana. The global leader in working capital solutions takes its first step in bringing traditional trade finance onchain, connecting its network of 50,000 companies and 100+ funding partners to internet capital…

  • @RWAFoundation_ RWA FoundationOn X ↗

    Trade finance is coming onchain 🌍 PrimeRevenue, a global leader in working capital, is bringing Electronic Time Drafts to @solana.

  • @tokens Tokens on SolanaOn X ↗

    PrimeRevenue is bringing trade finance to @Solana. The working capital platform, which handles more than $300 billion in payments a year, is tokenizing its Electronic Time Drafts, a first step toward connecting 50,000 companies and 100+ funders to onchain markets.

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  • @SolanaFloorOn X ↗

    🚨NEWS: PrimeRevenue, serving 50,000+ companies and facilitating $300B+ in annual payment transactions, is bringing its patented Electronic Time Drafts (ETDs) on-chain with @Solana, its first step toward bringing traditional trade finance to DeFi.

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