Obligate

Obligate allows companies to issue on-chain bonds and commercial paper to receive funding from investors in a regulated DeFi environment. The company utilizes smart contracts and tokenization in place of intermediaries such as paying and issuer agents to be able to reduce the costs associated with a bond issuance by 80% and reduce the time needed for an issuance from weeks to hours. Obligate was founded in 2019 and is located in Zurich, Switzerland.