TechFlow News, March 30: According to GlobeNewswire, institutional-grade tokenization platform T-RIZE Group announced the development of a private credit digital bond program for Horizon Group, with a maximum issuance size of $500 million. The issuer is Kairos Litigation Limited, a UK-based bankruptcy-remote special purpose vehicle (SPV). The first tranche of $50 million will be issued on the Canton Network to qualified investors in the United States and Europe, with subsequent tranches available for phased expansion.
The underlying assets consist of a portfolio of UK litigation finance receivables, which T-RIZE has structured into fixed-income digital bonds. The credit architecture incorporates multiple layers of protection: the issuer is bankruptcy-remote; assets and cash flows are ring-fenced against risk; and capital protection is backed by performance bonds provided by an A-rated international reinsurer.
Madani Boukalba, Founder and CEO of T-RIZE, stated that this program demonstrates the structured, controlled, and technologically integrated capabilities required for institutional-grade private credit to operate effectively in digital markets.
