Float, Sygnum, and Fasanara have partnered to tokenize private debt markets. They launched the Float Token, a high-yield digital asset on the Polygon blockchain, backed by Float's SME loans. This initiative uses Sygnum's regulated DLT platform to bring unprecedented liquidity and fractional access to the private debt asset class.
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Float launches a new way of funding for Nordic SaaS and other subscription businesses called Capital-as-a-Service (CaaS) that challenges traditional banking and complements equity funding from VCs.
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Cedric started Float with the intention of changing the way SMEs access capital. As an entrepreneur, he was frustrated with how antiquated the whole process.
