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eNotes™ - The Lending Infrastructure for Web 3.0

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Our Vision

The future financial system will be on Web 3.0*

FQX will provide the core lending infrastructure

The Problem

A Piece Is Missing for DeFi to Fulfill Its Potential

Traditional Finance
Decentralized Finance
Intermediated & inefficient
Automated & efficient
Fragmented
Borderless
Legal uncertainty
Legal certainty
Access for institutional investors
No access for institutional investors
Unsecured lending (credit ratings)
Over-collateralized

Missing infrastructure layer

Automated & efficient
Borderless
Legal uncertainty
Unsecured lending (ratings)
Access for institutional investors
The Solution

eNotes™ - The Lending Infrastructure Combining the Best of TradFi and DeFi

Legal certaintyeNotes are unconditional payment promises - recognized & enforceable in 169 countries
Institutional investor access (ISIN)eNotes can be booked into portfolios of inst. inv. via ISI
Automated & efficienteNotes leverage automation & decentralization
BorderlessOne standardized instrument - across the globe
Unsecured & secured lendingeNotes can be collateralized - or rated
FQX eNote Engine
eNote
solana
Investors
earlybird
six
carstenThoma
CarstenThoma
stephanJaecklin
StefanJaecklin
michaelFuellemann
MichaelFuellemann
helmutPaulus
HelmutPaulus
Partners
instimatch
sdx
clst
abmer
Known from
forbes
financialTimes
bloomberg
wallStreetJournal
nasdaq
tmi
gtr
Coin telegraph
yahoo
The block
BTC Echo
newsBtc
newsBtc
Use Case 1/2

Crypto Loan

eNotes can map countless liquidity needs, with a few clicks

FQX eNote dAppSecured eNote
Capital need10.0 M USDC
Applicable LawSingapore Law
N° of eNotes1
+ Additional parameters
FQX eNote Engine
eNote
solana
Use Case 2/2

Commercial Paper

eNotes can map countless liquidity needs, with a few clicks

FQX eNote dAppSecured eNote
Capital need100 M USDC
Applicable LawDelaware Law
N° of eNotes50
+ Additional parameters
FQX eNote Engine
eNote
eNote
eNote
solana
Product

Issue Global Debt Instruments in Seconds

Financing Platformsclstinstimatch
FQX Telegram Bot
Telegram bot
FQX eNote UI
enotes UI
FQX eNote API
1
NegotiateNegotiate wherever you like: define the financing terms.
FQX eNote dApp
Secured eNote
Fireblocks
Fireblocks
2
SignSign your eNotes by leveraging your 3 existing wallets.
Fully decentralized custody with FQX eNote DvP and collateral programs
Solana
Fully regulated financial market infrastructures
Solana
3
RegisterRegister it on the infrastructure of your choice.
Infrastructure

The eNote infrastructure

The eNote infrastructure consists of 2 layers: The eNote Engine and the RegTech Engine. Together they enable the legal enforceability of eNotes.
Modular Commercial Terms

Possibility to freely customize liquidity need

Modular Settlement Process

NON DvP, Fiat, FvP, Crypto DvP

Modular Tech Basis

Multiple DLTs & wallets supported

FQX eNote
Engine
RegTech
Engine
APIs & Connectivity
Modular Legal Basis

Delaware, Singaporean, German, Swiss Law

Compliance by Design

Facilitates regulatory Compliance as a bolt-on service

Questions & Answers

The decentralized debt infrastructure for the future of finance.

Enote
enote_ipad
enote_ipad_background

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

Babel Finance used collateralized eNote on FQX’s Solana dApp via Fireblocks

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

The promise of TradeTech: Policy approaches to harness trade digitalization

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 …

Press & Media

Finance | Internal | News

May 5, 2022

Blockchain Startup FQX announces the appointment of James Freis, Former Director of FinCEN, as Regulatory Technology Officer to Compose Programmable Debt Offerings

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 …

Explore all posts

Press & Media

Finance | Internal | News

May 19, 2022

Babel Finance used collateralized eNote on FQX’s Solana dApp via Fireblocks

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

Blockchain Startup FQX announces the appointment of James Freis, Former Director of FinCEN, as Regulatory Technology Officer to Compose Programmable Debt Offerings

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

The promise of TradeTech: Policy approaches to harness trade digitalization

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 …

Explore all posts

Team & Career

Our Team

James Courtenay
Chairman of the Board
Dr. des. Stephan D. Meyer
Board Member
Benedikt Schuppli
Board Member
David Blumer
Board Member

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Vilnius, Lithuania

Senior Frontend Developer

As a FQX front-end developer, you will be able to structure your days flexibly and have the opportunity to grow, learn and take a lot of responsibility while collaborating and coordinating with the team...
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Vilnius, Lithuania

Senior Full Stack Developer

As a FQX full stack developer, you will be the bridge between our frontend and backend teams. You will work closely with the product manager, the frontend and the backend development teams to translate business...
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Join the FQX Journey
Is the position you were looking for not here? We’re always looking for talented, ambitious people supporting our journey of digitising electronic promissory notes. If you are interested in a career with FQX, do not hesitate to contact us.
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