Private Credit Meets Blockchain — Deploi Brings Institutional-Grade Bond Issuance to Polygon with Nasdaq CSD Backing
(137 days ago) · 1 source · Summarized by CryptoBipto
Deploi has launched infrastructure on the Polygon blockchain that allows private credit instruments to be issued directly on-chain. The platform has also secured ISIN allocations from Nasdaq's Central Securities Depository, giving these blockchain-based assets standardized financial identifiers recognized by traditional markets.
WHY IT MATTERS
Imagine you want to sell homemade cookies at a farmers' market, but the market requires every product to have an official barcode so it can be tracked and trusted. An ISIN is like that barcode, but for financial products like bonds and loans. Deploi just got permission from a major financial authority (Nasdaq's securities depository) to put those official barcodes on financial products that live on a blockchain. This matters because it means big, regulated investors — who normally can't buy crypto-native assets because they lack official paperwork — can now potentially participate. It's a step toward making blockchain-based finance look and feel legitimate to the traditional financial world.
Read the full analysis with a CryptoBipto membership
Members can read the full analysis of every story, not just the headline.
Get startedSOURCES
- Source
RELATED
Learn the concepts behind this
Clear explanations of the subjects this article touches, with every term defined.
- What are stablecoins, NFTs and tokenized assets?What stablecoins are and how they hold a steady value, what an NFT represents, and what it means to tokenize a real-world asset.
- How are institutions and regulators approaching crypto?What institutional adoption means in crypto, how spot ETFs and corporate treasury holdings work, and how regulation shapes what is available to ordinary users.