TechFlow reports that Obligate, a blockchain-based debt securities protocol, has announced the launch of a Bitcoin-based Barrier Reverse Convertible structured product, issued for the first time by STS Digital Ltd in the form of an eNote.
This innovative product offers diversified asset exposure on the Polygon blockchain and leverages Obligate's smart contract platform to deliver greater transparency and automation.
STS Digital Ltd, regulated by the Bermuda Monetary Authority, contributes its expertise in digital asset derivatives and structured product issuance for institutional investors.
In addition to other services, Obligate and STS Digital will offer customized investment products upon client request, as well as monthly curated offerings, with the second product already in subscription.
