SCCF issues tokenized debt instrument

SCCF Structured Commodity & Corporate Finance ("SCCF"), the Swiss-based trade finance expert, has issued short term tokenized notes to refinance a loan to a commodity trading firm active in biofuels.

The notes were tokenized using the CMTAT smart contract framework published by the Capital Markets and Technology Association (CMTA), with the help of Taurus SA.

Lenz & Staehelin advises SCCF in this transaction. The team includes partners Jacques Iffland (Corporate and M&A / Capital Markets) and Ariel Ben Hattar (FinTech / Capital Markets), as well as Clément Bouvier, Yaël Nahmani and Stefan Schirm (all Corporate and M&A).

Published: 28 February 2023