FQX will provide the core lending infrastructure
eNotes can map countless liquidity needs, with a few clicks
eNotes can map countless liquidity needs, with a few clicks
Possibility to freely customize liquidity need
NON DvP, Fiat, FvP, Crypto DvP
Multiple DLTs & wallets supported
Delaware, Singaporean, German, Swiss Law
Facilitates regulatory Compliance as a bolt-on service
eNotes are based on the globally proven, formerly paper-based “promissory notes”. An eNote is an unconditional promise to pay a specific sum to another party at a specific future date. Each eNote is modular, and can be structured to suit any financing purpose.
The eNotes system brings powerful new financing options to corporations and institutions. How? The system centres on a single building block: the innovative eNote.
Each eNote is an electronic version of the traditional paper promissory note. eNotes brings the financing flexibility of this debt instrument bang up to date.
With a promissory note, the issuer promises to pay the bearer a specific sum on a specific date. This note can then be redeemed for payment, sold-on, or used in a variety of financing applications. With the eNote, this versatility is unlocked for modern fintech.
Each eNote is blockchain-authenticated and, thanks to FQX expertise, legally-binding. What’s more, eNotes are built to last. Our use of decentralised architecture (and specifically smart contracts) means that each eNote has a limitless lifespan. Whatever happens to FQX or the original issuing business, the eNote will remain valid.
Our corporate clients already use eNotes to deliver yield on debt. And our institutional users deploy eNotes as exchangeable contracts at the heart of the Central Security Depository (CSD) system.
Modular, flexible and 100% legally-binding, the eNotes architecture bridges the gap between DeFi and TradFi.
• Legally binding
• Blockchain-authenticated
• Modular
• Fully-customisable
• Fully transferable to third-parties
• Low cost compared to existing instruments
Short-term Debt (Crypto Economy): Any corporate issuer can borrow bilaterally from an investor using the modular eNote transaction engine with just a few clicks.
Money Markets: A corporate issuer can issue fractionalised eNotes to multiple investors using a modular eNote transaction engine with just a few clicks. The eNote is recorded on a central security depository (CSD), assigned an ISIN number, and connected to the traditional market infrastructure.
Trade & Supply Chain Financing: A buyer issues an eNote as a payment instrument to its supplier, who can sell the eNote to an investor and monetise their receivables. The investor is paid at maturity directly by the buyer, minimising documentation risk and risks of fraud.
FQX only validates eNotes by whitelisted businesses. The onboarding process is based on a KYB procedure.
• The eNote can be redeemed with the issuer at the due date to secure payment.
• The eNote can be sold-on.
• The eNote can be used as the modular entity in a variety of profitable financing arrangements.
A corporate can either go to the FQX platform, or can access a Channel Partner platform that has integrated our eNote Infrastructure
Finance | Internal | News
May 19, 2022
Zurich, May 19, 2022 — Babel Finance, a leading global crypto financial services provider, announced today that it has successfully issued the first collateralized USD Coin (USDC) note via eNotes,…Continue Reading …
Finance | Internal | News
April 14, 2022
TradeTech adoption is moving fast, largely driven by the private sector. But leveraging technologies for trade requires more than innovation: trade policy must keep pace. The major challenge might be international policy coordination and coherence. Uneven deployment due to regulatory fragmentation could result in unintended consequences of unequal growth, threats to cybersecurity and a growing…Continue Reading …
Finance | Internal | News
May 5, 2022
Zurich, Switzerland (May 5, 2022) – Blockchain startup FQX, known for their eNote, a blockchain-based debt instrument, has appointed James H. Freis, Jr. as their new Regulatory Technology Officer. Mr. Freis draws upon his experience from the public and private sectors in Europe, the United States, and globally, to promote the integrity of the financial…Continue Reading …
Finance | Internal | News
May 19, 2022
Zurich, May 19, 2022 — Babel Finance, a leading global crypto financial services provider, announced today that it has successfully issued the first collateralized USD Coin (USDC) note via eNotes,…Continue Reading …
Finance | Internal | News
May 5, 2022
Zurich, Switzerland (May 5, 2022) – Blockchain startup FQX, known for their eNote, a blockchain-based debt instrument, has appointed James H. Freis, Jr. as their new Regulatory Technology Officer. Mr. Freis draws upon his experience from the public and private sectors in Europe, the United States, and globally, to promote the integrity of the financial…Continue Reading …
Finance | Internal | News
April 14, 2022
TradeTech adoption is moving fast, largely driven by the private sector. But leveraging technologies for trade requires more than innovation: trade policy must keep pace. The major challenge might be international policy coordination and coherence. Uneven deployment due to regulatory fragmentation could result in unintended consequences of unequal growth, threats to cybersecurity and a growing…Continue Reading …
Vilnius, Lithuania
Vilnius, Lithuania