{"id":24835,"date":"2023-11-30T18:01:21","date_gmt":"2023-11-30T18:01:21","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/on-chain-debt-securities-platform-obligate-launches-on-base\/"},"modified":"2023-11-30T18:01:21","modified_gmt":"2023-11-30T18:01:21","slug":"on-chain-debt-securities-platform-obligate-launches-on-base","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/on-chain-debt-securities-platform-obligate-launches-on-base\/","title":{"rendered":"On-chain debt securities platform Obligate launches on Base"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/11\/1701365926140-e9e1510d-100e-47f9-9eb0-023dc1438b5d-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/11\/1701365926140-e9e1510d-100e-47f9-9eb0-023dc1438b5d-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/11\/1701365926140-e9e1510d-100e-47f9-9eb0-023dc1438b5d-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/11\/1701365926140-e9e1510d-100e-47f9-9eb0-023dc1438b5d-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">On-chain debt securities marketplace Obligate launches on Base<\/li>\n<li dir=\"ltr\">Obligate is a Swiss-regulated on-chain bonds platform, while Base is an Ethereum layer-2 scaling platform launched by Coinbase.<\/li>\n<li dir=\"ltr\">Deployment on Base will help with institutional adoption of on-chain debt securities, Obligate\u2019s head of partnerships said in an announcement.<\/li>\n<\/ul>\n<p dir=\"ltr\">Obligate, a Swiss-regulated blockchain marketplace for capital markets, has deployed on Base, the Ethereum layer-2 scaling solution launched by <a href=\"https:\/\/coinjournal.net\/news\/tag\/coinbase\/\">Coinbase<\/a>.<\/p>\n<p dir=\"ltr\">In an <a href=\"https:\/\/obligate.medium.com\/obligate-enables-on-chain-debt-capital-markets-on-base-6333c9814ee8\" rel=\"noopener noreferrer\" target=\"_blank\">announcement<\/a> published on Thursday, Obligate termed the development as a significant milestone in the quest to promote adoption of on-chain debt securities to more users.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Obligate is now live on Base! A monumental step for on-chain debt capital markets, powered by <a href=\"https:\/\/twitter.com\/BuildOnBase?ref_src=twsrc%5Etfw\">@BuildOnBase<\/a>, <a href=\"https:\/\/twitter.com\/coinbase?ref_src=twsrc%5Etfw\">@Coinbase<\/a>&#8216;s Ethereum Layer 2 incubation. <a href=\"https:\/\/t.co\/8K3fa3aQfA\">https:\/\/t.co\/8K3fa3aQfA<\/a><\/p>\n<p>\u2014 Obligate (@obligatecom) <a href=\"https:\/\/twitter.com\/obligatecom\/status\/1730237980416131379?ref_src=twsrc%5Etfw\">November 30, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">With demand for on-chain bonds on the rise across the DeFi market, today\u2019s launch is a key step that will see more institutional investors adopt blockchain-native assets.<\/p>\n<p dir=\"ltr\">\u201c<em>Base\u2019s commitment to creating a more open financial system aligns closely with our vision of fostering institutional engagement in on-chain capital markets<\/em>,\u201d said Matthias Wyss, the head of strategic partnerships at Obligate.<\/p>\n<p dir=\"ltr\">Noting that deploying on Base will give more institutions the tools and infrastructure they need to participate in on-chain debt capital markets, Wyss added:<\/p>\n<p dir=\"ltr\">\u201c<em>Our deployment on Base exemplifies a shared vision to surmount the barriers confronting institutions, offering them a secure and efficient portal to engage with on-chain debt products. Make no mistake, this represents a paradigm shift in the integration of blockchain technology into institutional finance<\/em>.\u201d<\/p>\n<p dir=\"ltr\">Base launched in early August and has seen considerable growth since, with revenue <a href=\"https:\/\/twitter.com\/eriksmithcfp\/status\/1729563311593648174\" rel=\"noopener noreferrer\" target=\"_blank\">recently surpassing $10 million<\/a>. The L2\u2019s monthly active user count has also been impressive, with over 1 million on average.<\/p>\n<p dir=\"ltr\">Obligate raised $8.5 million in its seed funding round, with backers including Earlybird, Blockchange Ventures, SIX Fintech Ventures and Circle Ventures.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/on-chain-debt-securities-marketplace-obligate-launches-on-base\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) On-chain debt securities marketplace Obligate launches on Base Obligate is a Swiss-regulated on-chain bonds platform, while Base is an Ethereum layer-2 scaling platform launched by Coinbase. Deployment on Base will help with institutional adoption of on-chain debt securities, Obligate\u2019s head of partnerships said [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":24836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24835"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=24835"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24835\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/24836"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=24835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=24835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=24835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}