Untangled Finance 在 Celo 上推出首個鏈上證券化池，開闢了道路

Untangled Finance 憑藉其在 Celo 區塊鏈上開創性的鏈上證券化池標誌著一個重要的里程碑，開創了獲取私人信貸機會的新時代。該資金池根據盧森堡證券化法構建，以來自金融科技 Karmen 的法國營運資本資產作為抵押，並得到 The Credit Collective 的支持，並得到 Fasanara Capital 的支持。該池為經過驗證的投資者提供了管道，使投資機會民主化，並促進中小企業的資本獲取，同時增強穩定幣的穩定性。

Untangled Finance Breaks New Ground with On-Chain Securitization Pool on Celo, Unlocking Private Credit Accessibility

Untangled Finance 透過 Celo 上的鏈上證券化池開闢了新天地，解鎖了私人信貸的可及性

London, United Kingdom – March 10, 2023 - In a milestone achievement for the decentralized finance (DeFi) industry, Untangled Finance, a leading real-world asset (RWA) protocol, has launched its inaugural on-chain securitization pool on the Celo blockchain. This groundbreaking move opens up unprecedented opportunities for investors and small and medium-sized enterprises (SMEs) alike, bridging the gap between traditional and decentralized finance.

英國倫敦– 2023 年3 月10 日– 領先的現實世界資產(RWA) 協議Untangled Finance 在Celo 區塊鏈上推出了首個鏈上證券化池，這是去中心化金融(DeFi) 行業的里程碑式成就。這項突破性舉措為投資者和中小企業（SME）帶來了前所未有的機遇，縮小了傳統金融與去中心化金融之間的差距。

Structured under the robust legal framework of Luxembourg's securitization laws, the pool is collateralized by a carefully curated portfolio of French working capital assets sourced from the reputable fintech lender, Karmen. With a debt ceiling set at $6 million, the pool provides investors with access to high-quality private credit assets, a class traditionally reserved for institutional investors and inaccessible to most DeFi participants.

該資金池是在盧森堡證券化法健全的法律框架下構建的，由來自信譽良好的金融科技貸款機構 Karmen 的精心策劃的法國營運資本資產組合作為抵押。該資金池的債務上限設定為 600 萬美元，為投資者提供了獲得高品質私人信貸資產的機會，而這種資產傳統上是為機構投資者保留的，大多數 DeFi 參與者都無法獲得。

Demonstrating strong support for this pioneering initiative, The Credit Collective, backed by the prominent investment firm Fasanara Capital, has emerged as the senior lender. This move is part of a larger €100 million senior facility agreement with Karmen, showcasing the substantial backing and confidence in the pool's viability.

在著名投資公司 Fasanara Capital 的支持下，The Credit Collective 已成為高級貸款人，為這項開創性舉措提供了強而有力的支持。此舉是與卡門 (Karmen) 達成的價值 1 億歐元的高級設施協議的一部分，展示了對該池可行性的大力支持和信心。

To ensure the highest levels of investor protection and regulatory compliance, access to credit analytics and investment opportunities is limited to verified investors who have undergone a thorough know-your-customer (KYC) process. This rigorous screening ensures the pool's integrity and mitigates the risk of originator bankruptcy.

為了確保最高水準的投資者保護和監管合規性，只有經過徹底的了解你的客戶 (KYC) 流程的經過驗證的投資者才能獲得信用分析和投資機會。這種嚴格的篩選確保了資金池的完整性並降低了發起人破產的風險。

Manrui Tang and Quan Le, the visionary co-founders of Untangled Finance, expressed their unwavering commitment to democratizing access to investment opportunities for DeFi investors worldwide. Their vision extends beyond profit maximization, encompassing the crucial role that private credit can play in economic growth and stability.

Untangled Finance 富有遠見的聯合創始人 Manrui Tang 和 Quan Le 表示，他們堅定不移地致力於為全球 DeFi 投資者提供民主化的投資機會。他們的願景不僅限於利潤最大化，還包括私人信貸在經濟成長和穩定中可以發揮的關鍵作用。

"This on-chain securitization pool is a watershed moment for the DeFi industry," said Tang. "It opens up new avenues for investors to diversify their portfolios with high-quality private credit assets, traditionally inaccessible to them. Simultaneously, it provides SMEs with a reliable and cost-efficient source of funding to fuel their growth and innovation."

「這個鏈上證券化池是 DeFi 產業的分水嶺，」唐說。 「它為投資者開闢了新的途徑，利用傳統上無法獲得的高品質私人信貸資產來實現投資組合多元化。同時，它為中小企業提供了可靠且具有成本效益的資金來源，以推動其成長和創新。

Untangled Finance's proprietary platform, operational since 2020, has consistently broken new ground in the tokenization of real-world assets, including invoices and SME loans. Boasting partnerships with over 140 fintech lenders, the platform has unlocked a wealth of investment opportunities for DeFi participants.

Untangled Finance 的專有平台自 2020 年開始運營，在現實世界資產（包括發票和中小企業貸款）的代幣化方面不斷開闢新天地。該平台與 140 多家金融科技貸款機構建立了合作夥伴關係，為 DeFi 參與者釋放了大量投資機會。

Following the successful launch of the Karmen token pool, Untangled Finance has ambitious plans to introduce a suite of additional pools, including the Fasanara Diversified Fund on-chain and a senior note backed by Eastern European invoice finance assets. These diversified offerings will cater to a wide range of investor risk appetites and investment horizons.

在成功推出 Karmen 代幣池之後，Untangled Finance 制定了雄心勃勃的計劃，推出一系列額外的代幣池，包括鏈上 Fasanara 多元化基金和由東歐發票金融資產支持的高級票據。這些多元化的產品將滿足廣泛的投資者風險偏好和投資視野。

Isha Varshney, Head of Ecosystem at the Celo Foundation, lauded Untangled Finance for its trailblazing efforts in private credit tokenization. She highlighted the potential of this innovation to transform access to funding and risk management for entrepreneurs and businesses around the globe.

Celo 基金會生態系統負責人 Isha Varshney 讚揚 Untangled Finance 在私人信貸代幣化方面的開創性努力。她強調了這項創新在改變全球企業家和企業的融資和風險管理管道方面的潛力。

"We are thrilled to welcome Untangled Finance to the Celo ecosystem," said Varshney. "Their commitment to advancing RWAs and facilitating seamless transactions aligns perfectly with Celo's mission of fostering financial inclusion and innovation. We believe that this partnership will significantly enhance our platform's appeal to investors and businesses alike."

「我們很高興歡迎 Untangled Finance 加入 Celo 生態系統，」Varshney 說。 “他們對推進 RWA 和促進無縫交易的承諾與 Celo 促進金融包容性和創新的使命完全一致。我們相信這種合作夥伴關係將顯著增強我們平台對投資者和企業的吸引力。”

Despite its relatively modest total value locked (TVL) of nearly $100 million, Celo was strategically selected as the blockchain of choice for this groundbreaking pool due to its shared objectives and advanced features. Recent developments, such as the native deployment of USDC and USDT, have further enhanced Celo's appeal and facilitated investor transactions.

儘管其總鎖定價值 (TVL) 相對較小，接近 1 億美元，但由於其共同的目標和先進的功能，Celo 被戰略性地選為這個突破性礦池的首選區塊鏈。最近的發展，例如 USDC 和 USDT 的本地部署，進一步增強了 Celo 的吸引力並便利了投資者交易。

Untangled Finance's multichain approach ensures that the benefits of on-chain securitization will not be confined to Celo. The team plans to deploy similar pools on other blockchain platforms in the future, expanding the reach of private credit opportunities to a wider audience.

Untangled Finance 的多鏈方法確保鏈上證券化的好處不會僅限於 Celo。該團隊計劃未來在其他區塊鏈平台上部署類似的池，將私人信貸機會的範圍擴大到更廣泛的受眾。

Gabriel Thierry, co-founder and CEO of Karmen, emphasized the profound significance of bridging the divide between decentralized and traditional finance sectors. This collaboration enables accelerated deployment of working capital loans for French SMBs, providing them with the financial lifeline they need to thrive and contribute to economic growth.

Karmen 聯合創辦人兼執行長 Gabriel Thierry 強調了彌合去中心化金融與傳統金融領域之間鴻溝的深遠意義。此次合作能夠加速法國中小企業流動資金貸款的部署，為他們提供繁榮發展和促進經濟成長所需的財務生命線。

"We are proud to partner with Untangled Finance and The Credit Collective on this groundbreaking initiative," said Thierry. "By leveraging the power of blockchain technology, we can streamline and democratize access to private credit, empowering entrepreneurs and businesses to unlock their full potential."

蒂埃里表示：“我們很榮幸能夠與 Untangled Finance 和 The Credit Collective 合作開展這一突破性舉措。” “透過利用區塊鏈技術的力量，我們可以簡化和民主化私人信貸的獲取，使企業家和企業能夠充分發揮潛力。”

Untangled Finance's foray into on-chain securitization marks a pivotal moment in the evolution of private credit opportunities. It offers a seamless, transparent, and accessible avenue for investors and SMEs alike, fostering economic growth and financial inclusion. As the DeFi industry continues to mature, Untangled Finance's pioneering spirit and unwavering commitment to innovation will undoubtedly shape its future trajectory.

Untangled Finance 進軍鏈上證券化標誌著私人信貸機會演變的關鍵時刻。它為投資者和中小企業提供了一個無縫、透明和方便的途徑，促進經濟成長和金融包容性。隨著 DeFi 產業的不斷成熟，Untangled Finance 的開拓精神和堅定不移的創新承諾無疑將塑造其未來的軌跡。