PrimeRevenue Brings Trade Finance Assets to Solana

PrimeRevenue, a working capital and trade finance platform, is bringing its Electronic Time Draft (ETD) instruments to Solana. ETDs represent a buyer’s obligation to pay a specific amount on a set future date. By tokenizing these instruments, PrimeRevenue plans to connect its network of funding partners with on-chain capital markets.

The company also sees potential in tokenizing other working capital instruments. This could give businesses additional ways to access liquidity while allowing investors to gain exposure to short-term financial assets backed by real business activity.

PrimeRevenue already manages ETDs electronically. Moving them on-chain is expected to simplify reconciliation and record each issuance, transfer, and settlement on a shared ledger. This could make transactions easier to track and reduce friction in the payment process.

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