ZIG Finance launches tokenized Saudi credit vault on BNB Chain

First reported by The Block at · Updated · 2 sources

The vault targets a $100 million raise, with Nomura’s Laser Digital advising ZIG Finance, according to The Block. The Next Web reports that the product, called zEMS Vault, gives institutional investors access to a diversified pool of Saudi small-business private credit and is the first deliverable from the companies’ strategic partnership.

  • KAIO handles the vault’s tokenization, according to The Next Web.

Covered by 2 publishers within 3 hours of the first report.

Reporting2

The Block Nomura’s Laser Digital helps launch Saudi SME credit vault targeting $100 million on BNB Chain · Brian Danga
The Next Web ZIG Finance launches Saudi SME credit vault with Nomura’s Laser Digital · Ishan Pandey