Untangled Finance 在 Celo 上推出首个链上证券化池，开辟了道路

Untangled Finance 凭借其在 Celo 区块链上开创性的链上证券化池标志着一个重要的里程碑，开创了获取私人信贷机会的新时代。该资金池根据卢森堡证券化法构建，以来自金融科技 Karmen 的法国营运资本资产作为抵押，并得到 The Credit Collective 的支持，并得到 Fasanara Capital 的支持。该池为经过验证的投资者提供了渠道，使投资机会民主化，并促进中小企业的资本获取，同时增强稳定币的稳定性。

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

Untangled Finance 通过 Celo 上的链上证券化池开辟了新天地，解锁了私人信贷的可及性

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.

英国伦敦 – 2023 年 3 月 10 日 – 领先的现实世界资产 (RWA) 协议 Untangled Finance 在 Celo 区块链上推出了首个链上证券化池，这是去中心化金融 (DeFi) 行业的里程碑式成就。这一突破性举措为投资者和中小企业（SME）带来了前所未有的机遇，缩小了传统金融与去中心化金融之间的差距。

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.

该资金池是在卢森堡证券化法健全的法律框架下构建的，由来自信誉良好的金融科技贷款机构 Karmen 的精心策划的法国营运资本资产组合作为抵押。该资金池的债务上限设定为 600 万美元，为投资者提供了获得高质量私人信贷资产的机会，而这种资产传统上是为机构投资者保留的，大多数 DeFi 参与者都无法获得。

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.

在著名投资公司 Fasanara Capital 的支持下，The Credit Collective 已成为高级贷款人，为这一开创性举措提供了强有力的支持。此举是与卡门 (Karmen) 达成的价值 1 亿欧元的高级设施协议的一部分，展示了对该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.

为了确保最高水平的投资者保护和监管合规性，只有经过彻底的了解你的客户 (KYC) 流程的经过验证的投资者才能获得信用分析和投资机会。这种严格的筛选确保了资金池的完整性并降低了发起人破产的风险。

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 富有远见的联合创始人 Manrui Tang 和 Quan Le 表示，他们坚定不移地致力于为全球 DeFi 投资者提供民主化的投资机会。他们的愿景不仅限于利润最大化，还包括私人信贷在经济增长和稳定中可以发挥的关键作用。

"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."

“这个链上证券化池是 DeFi 行业的分水岭，”唐说。 “它为投资者开辟了新的途径，利用传统上无法获得的高质量私人信贷资产来实现投资组合多元化。同时，它为中小企业提供了可靠且具有成本效益的资金来源，以推动其增长和创新。”

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 的专有平台自 2020 年开始运营，在现实世界资产（包括发票和中小企业贷款）的代币化方面不断开辟新天地。该平台与 140 多家金融科技贷款机构建立了合作伙伴关系，为 DeFi 参与者释放了大量投资机会。

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.

继成功推出 Karmen 代币池之后，Untangled Finance 制定了雄心勃勃的计划，推出一系列额外的代币池，包括链上 Fasanara 多元化基金和由东欧发票金融资产支持的高级票据。这些多元化的产品将满足广泛的投资者风险偏好和投资视野。

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 基金会生态系统负责人 Isha Varshney 赞扬 Untangled Finance 在私人信贷代币化方面的开拓性努力。她强调了这项创新在改变全球企业家和企业的融资和风险管理渠道方面的潜力。

"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."

“我们很高兴欢迎 Untangled Finance 加入 Celo 生态系统，”Varshney 说。 “他们对推进 RWA 和促进无缝交易的承诺与 Celo 促进金融包容性和创新的使命完全一致。我们相信这种合作伙伴关系将显着增强我们平台对投资者和企业的吸引力。”

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.

尽管其总锁定价值 (TVL) 相对较小，接近 1 亿美元，但由于其共同的目标和先进的功能，Celo 被战略性地选为这个突破性矿池的首选区块链。最近的发展，例如 USDC 和 USDT 的本地部署，进一步增强了 Celo 的吸引力并便利了投资者交易。

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 的多链方法确保链上证券化的好处不会仅限于 Celo。该团队计划未来在其他区块链平台上部署类似的池，将私人信贷机会的范围扩大到更广泛的受众。

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 联合创始人兼首席执行官 Gabriel Thierry 强调了弥合去中心化金融与传统金融领域之间鸿沟的深远意义。此次合作能够加速法国中小企业流动资金贷款的部署，为他们提供繁荣发展和促进经济增长所需的财务生命线。

"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：“我们很荣幸能够与 Untangled Finance 和 The Credit Collective 合作开展这一突破性举措。” “通过利用区块链技术的力量，我们可以简化和民主化私人信贷的获取，使企业家和企业能够充分发挥潜力。”

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 进军链上证券化标志着私人信贷机会演变的关键时刻。它为投资者和中小企业提供了一个无缝、透明和方便的途径，促进经济增长和金融包容性。随着 DeFi 行业的不断成熟，Untangled Finance 的开拓精神和坚定不移的创新承诺无疑将塑造其未来的轨迹。