Cadence, an American blockchain-based alternative investment provider, has launched an investment platform for debt, according to a press release on July 10. By launching its private credit investment platform, Cadence aims to bring more transparency and efficiency to the asset class in order to help companies grow their businesses. Cadence turns commercial debt into digital tokens that can be traded on its platform. Private credit, or private debt, is a type of alternative investment which has only been accepted as a separate asset class very recently. Private debt investments are…
Cadence Launches Blockchain-Based Tokenized Debt Marketplace
