Nomura's Laser Digital is partnering with ZIG Finance to launch a tokenized Saudi SME private credit vault. The vault aims to raise $100 million on BNB Chain, a blockchain network. This collaboration marks a significant step in the growth of decentralized finance (DeFi) in the Middle East. The tokenized credit vault will provide access to credit for small and medium-sized enterprises (SMEs) in Saudi Arabia. The project's success could pave the way for further adoption of DeFi in the region.
Source
"Nomura's Laser Digital to Launch Saudi SME Credit Vault" — The Block
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Block. Read the full original report at the link above.
