On-chain capital markets platform Obligate announced it has been selected as a member of the Tokenized Asset Coalition (TAC), marking a major step forward in its mission to progress the institutional adoption of tokenized assets. Obligate joins 15 other new members.
Founded in 2023, TAC seeks to unite traditional and crypto financial systems with the shared belief that many assets will eventually move on chain. By addressing the inefficiencies, opacity and fragmentation of the current financial infrastructure, TAC aims to spearhead the next wave of digital transformation. The founding Coalition members include Aave Companies, Centrifuge, Circle, Coinbase, Base, Credix, Goldfinch and RWA.xyz,
In joining the coalition, Obligate is set to contribute its extensive experience in arbitration, regulation, and tokenization, to participate in research leading to Tokenization Laws, DLT-based Dispute Resolution & Arbitration Schemes, and RWA Regulation.
Obligate provides secure, transparent, and regulatory compliant platform for the issuance, trading, and lifecycle management of debt instruments natively issued on the blockchain. The platform’s architecture caters to the complex needs of institutional investors whilst lowering the barriers of entry for issuers by providing efficient access to multilateral financing.
“Joining the Tokenized Asset Coalition is a natural progression for Obligate, as we continue to innovate and drive the institutional adoption of tokenized assets,” said Matthias Wyss, chief strategy officer at Obligate. “Our unique approach and successful track record in the on-chain capital markets position us ideally to contribute meaningfully to the TAC’s mission.”
The 15 new members selected to join TAC include Obligate, Ava Labs, Backed, Chainlink Labs, Fireblocks, Keyrock, Maple, Ondo, ParaFi, Polygon Labs, Provenance Blockchain, Republic, Securitize, Solana Foundation, and Steakhouse Financial.
“Our goal was always to bring together a diverse group of key players to ensure vast representation throughout the TAC,” said Colin Cunningham, TAC chair, in a statement. “We want to bring together not only diverse representation, but the players we all can trust when it comes to compliance, security, growth and adoption.”