Obligate (Past Sponsor)

Obligate combines deep legal & tech knowhow with financial expertise to help build a new blockchain-based financial system. Promoting a fully-regulated approach, Obligate offers a decentralized platform for on-chain financing using bonds and commercial paper. Thus, Obligate unlocks a new era for DeFi - regulated but decentralized.

With the Obligate platform, companies can issue on-chain bonds and commercial paper to obtain funding from a diverse range of investors. This comes at a fraction of the cost and time of traditional offerings but with the same regulatory certainty, as the instruments are globally enforceable, regulated debt securities. At the same time, investors get access to a wide range of regulated digital debt assets which can be secured with on-chain collateral. Utilizing smart contracts and tokenization in place of intermediaries such as paying and issuer agents, Obligate is able to reduce the costs associated with a bond issuance by 80% and reduce the time needed for an issuance from weeks to hours.