Credix Monthly Update
Welcome to our monthly LinkedIn newsletter on what's been happening in the Credix ecosystem. For more exclusive updates, please sign up here!
We're excited to share Credmei ?launched its first deal with?Addem Capital?as an underwriter on the?Credix platform!
The deal is a 24-month revolving facility with an 80% Senior Tranche by the Credix Liquidity Pool and a 20% Junior Tranche underwritten by Addem Capital. The originator provided first-loss capital as over-collateral.?
You can learn more about this deal on our Medium (here), where we took a closer look at Credmei, their diligence process resulting in an impressive track record, and their first deal with Addem Capital.
Chaim Finizola, Chief Growth Officer at Credix, was invited to join esteemed experts in the field during the Brazilian Central Bank's first public webinar on tokenization. Alongside Fábio Araujo, economist and coordinator of the Real Digital project, Bruno Batavia, and Henrique Videira, they delved into various topics including global liquidity, regulatory changes, tokenized fixed income, and the developments of the Brazilian CBDC, the Real Digital.
Curious to learn more? Check out the recording of the webinar here (toggle on translation).
Last Friday, Credix participated in Valor Capital Group 's highly anticipated yearly crypto event in S?o Paulo, which was marked by the presence of Roberto Campos and Jo?o Pedro Nascimento, president of the Brazilian Central Bank and the CVM. Other speakers included the chairman of Itaú and Credix investor Ricardo Marino, and our colleagues at Coinbase , Chainalysis , and Bitso .
In Valor Econ?mico's article, Thomas Bohner highlighted the company's leading role in the tokenization of assets in Latin America (article in Portuguese?here).
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Credix and Circle have proven to be great partners when it comes to transforming global debt capital markets, expanding access to capital in developing economies, and unlocking new investment opportunities.
Through innovative solutions, leveraging cutting-edge blockchain technology, and the #USDC stablecoin, we enhance transparency, efficiency, and speed in investments. Dive deeper into our collaboration and learn about our shared vision for a more inclusive global financial system in Circle's latest blog post here!
Feature release! Until recently, we were only able to bring new credit facilities on-chain. We got the feedback that funds would be keen to bring their existing facilities on-chain because of operational efficiencies and distribution options it creates. And that's exactly what this release is all about. With the latest platform upgrade, funds?can now tokenize their existing credit deals, increasing the scalability of their business and tapping into a wider pool of potential investors.
To know more about our latest product release, head over to our blog post here.
We're happy to share Raphael Coelho is now part of our Credit, Risk and Structuring team as Quantitative Senior Associate, and Victor Costelini of our Product & Engineering team as Front End engineer. Both joined the S?o Paulo team during the month of May, reinforcing our ambition of bringing high-quality credit and technology closer together.?
We are currently searching for one additional talent who's passionate about what we're building: this time a highly motivated Data & Financial intern! If you are ready to take on this transformative experience and make a real impact or know someone who is, we invite you to explore our job openings on our dedicated Careers Page.