Tokenized Receivables Marketplace

The Pain Point: The 60-90 Day Cash Flow Gap. Your company delivers a shipment, issues an invoice, and then waits. For small and medium suppliers, this delay isn't just an accounting entry—it's a liquidity crisis. You must pay your own suppliers and employees long before your customer pays you. This forces reliance on expensive, cumbersome bank loans or factoring services that take a significant cut, eroding your margins and limiting growth. The entire system is built on manual reconciliation and trust in paper trails, creating friction and risk for all parties.

The Blockchain Fix: Programmable, Liquid Assets. Tokenization converts an accounts receivable invoice into a digital token on a blockchain. This token is a smart contract that encapsulates the payment obligation, its terms, and its status. Because it's on a shared, immutable ledger, all participants—the supplier, the buyer, and potential investors—can verify its authenticity and ownership in real-time. This eliminates the risk of double-spending or fraud and automates the audit trail. The token is no longer a static entry in your ERP; it's a liquid financial instrument.

The Marketplace: Unlocking Immediate Capital. With a verifiable, digital asset, you can list it on a permissioned marketplace. Institutional investors, hedge funds, or even other corporations can purchase these tokens at a slight discount, providing you with immediate cash, often within 24 hours. The buyer's payment is escrowed in the smart contract, and upon the invoice due date, funds are automatically released from the paying company to the token holder. This creates a win-win: suppliers get paid faster, investors earn a yield, and large corporate buyers strengthen their supply chain by ensuring their partners are financially healthy.

Quantifiable ROI and Business Outcomes. The benefits are direct and measurable. For suppliers, reduce your Days Sales Outstanding (DSO) from 60+ days to near zero, cutting borrowing costs and freeing capital for investment. For large buyers, this is a strategic tool for supply chain financing that improves stability without impacting your own balance sheet. The entire ecosystem benefits from automated reconciliation, reduced administrative overhead, and a transparent system that lowers counterparty risk and accelerates the velocity of business.

The traditional secondary market for receivables is plagued by friction and opacity. Selling an invoice is a manual, paper-intensive process requiring extensive due diligence on the buyer's part. The core pain points are counterparty risk, fraudulent invoices, and lengthy settlement times. This lack of trust and efficiency means suppliers often accept steep discounts—sometimes 10-20%—just to access their own capital, while investors face high costs to verify asset quality. The result is a fragmented, illiquid market that fails both sides.

Blockchain technology introduces an immutable, shared ledger that acts as a single source of truth. When a receivable is issued as a tokenized digital asset, its entire lifecycle—from creation and approval to payment and transfer—is recorded on-chain. This creates an unforgeable audit trail proving the invoice's authenticity, ownership, and payment status. Smart contracts can automate compliance checks and enforce trading rules, drastically reducing the administrative overhead and risk for buyers. The asset itself becomes the source of trust.

The business outcomes are transformative. For suppliers, it means accelerated cash flow with far lower discount rates, as the asset's provenance is indisputable. For institutional investors and funds, it opens a new asset class with transparent risk profiles and automated servicing. The entire ecosystem benefits from near-instant settlement and programmable compliance, reducing costs and operational risk. This isn't just a new platform; it's a fundamental rewiring of trade finance that turns static invoices into dynamic, liquid financial instruments.

Consider a mid-sized manufacturer. Instead of waiting 90 days for payment from a large retailer or selling their invoice at a 15% discount through a factor, they tokenize it on a permissioned marketplace. An asset-backed fund can instantly verify the invoice's validity against the retailer's on-chain payment commitment and purchase it at a 3% discount, settling in minutes. The manufacturer gets cash faster and keeps more margin, the fund earns a yield with clear underlying risk, and the retailer's supply chain becomes more resilient—a clear win-win-win scenario powered by transparency.