Obligate Brings $200m Trade-Finance RWA Product oTFY to Solana, Opening Onchain Lending Markets to Real-World Assets
Obligate, a global leader in digital securities issuance infrastructure, today unveiled oTFY, its flagship strategy now live on Solana. Building on a track record of more than $300M in native on-chain debt securities issued to date, the arrival of oTFY signals Obligate’s broader push to make Real-World Assets (RWAs) fully composable within DeFi.
Closing the Stablecoin Utility Gap
Stablecoins have scaled into payment infrastructure worth many billions, yet much of that value simply sits still. With DeFi yields tightening, oTFY gives Solana users a reason to do more than hold — they can channel idle stablecoin balances into productive use across the network’s deep and active DeFi landscape, narrowing a long-standing gap between holding and earning.
oTFY was engineered from the ground up to serve as high-grade collateral in Solana’s lending markets. Holders keep their exposure to a diversified pool of real-world assets while borrowing against that same position to free up on-chain liquidity.
oTFY: Real-World Collateral as a Native DeFi Building Block
At its core, oTFY offers institutions a structured way to access DeFi returns through a portfolio of trade-finance bonds. The product is managed by TradeFlow Capital Management and turns the financing of physical commodity trade into a tradable, on-chain instrument. Issued as a Swiss ledger-based security, the initial tranche of up to $200 million provides weekly liquidity and accrues value continuously — letting participants use institutional-quality RWAs as a foundational primitive across Solana DeFi.
Advancing the Onchain Economy on Solana
With oTFY on Solana, Obligate moves closer to a capital market that lives entirely on-chain: issuers tap global pools of liquidity, investors custody tokenised instruments directly, and protocols price and allocate to real-world assets without middlemen. Solana’s speed, minimal transaction costs, and dense ecosystem of lending venues, automated market makers, and yield aggregators translate into instant utility for oTFY holders. The asset is no longer a passive on-chain receipt — it becomes working capital inside a living financial system.
About Obligate
Obligate AG is a Swiss-based provider of blockchain-based capital markets infrastructure, offering a secure, transparent, and regulatory-compliant platform for the issuance, trading, and lifecycle management of debt instruments natively on the blockchain. Through its proprietary eNotes and eTrackers, recognised as ledger-based securities under advanced DLT legislation, Obligate enables access to investment solutions while meeting institutional standards for enforceability and risk management. Obligate is a member of VQF, a Swiss FINMA-regulated AML SRO, and operates as a financial intermediary under the Swiss Anti-Money Laundering Act.
About Tradeflow
TradeFlow Capital Management is a pioneering asset-backed investment manager and fintech innovator focused on global commodity trade. The firm utilises its proprietary Risk Transformation Engine (RTE) to structure physical commodity import/export trade transactions all over the world into institutional-grade, asset-backed investments. By focusing on a non-credit approach, taking legal title to goods rather than lending, TradeFlow provides investors with stable, uncorrelated returns while addressing the global trade finance gap. Since 2021, TradeFlow’s investment strategies have achieved investment-grade ratings, and since the inception of its flagship fund in 2018, the platform has enabled billions of dollars of underlying trade activity. Since 2016, TradeFlow has remained a leader in the digitalisation of trade, providing a transparent and secure bridge between global SMEs and institutional capital.
