The institutional-grade tokenization platform T-RIZE is building a private credit digital bond program on the Canton Network worth up to $500 million.

Gate News reports that on March 30, institutional-grade tokenization platform T-RIZE Group announced a private credit digital bond program of up to $500 million for Horizon Group, with the issuer being the UK bankruptcy-remote special purpose vehicle Kairos Litigation Limited. The initial tranche of $50 million will be issued on the Canton Network for qualified investors in the U.S. and Europe, with the possibility of subsequent expansions in batches. The underlying assets consist of a portfolio of UK litigation financing receivables, which T-RIZE has structured into a fixed-income digital bond format. The credit structure includes multiple layers of protection: the issuer has bankruptcy-remote characteristics, assets and cash flows are risk-isolated, and the capital protection layer is supported by performance guarantees from an A-rated international reinsurance company. T-RIZE founder and CEO Madani Boukalba stated that this program demonstrates the structured, controlled, and technological integration capabilities required for institutional-grade private credit to operate effectively in the digital market.

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