Unicredit and Cassa Depositi e Prestiti have subscribed for the first time in Italy to a bond with innovative characteristics. In fact, it will be a title worth five million euros.”tokenized on public blockchain” The one who will benefit from it will be E4 computer engineeringa company that operates in the advanced technology sector, with tools for supercomputing and artificial intelligence. The minibond will finance important investments for the expansion of the structure Rubiera (Reggio Emilia) Of E4 to host a new data center and the related purchase and installation of equipment, systems and systems necessary for its operation.
Digital credit
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Unicredit and Cdp, who have subscribed in equal parts to this bond, lasting six years and guaranteed 50% by Sace, welcome the initiative as a new horizon in the digitalisation of financial markets. The operation, the two organizations specify, takes place in compliance with the decreto Fintechintroducing an innovation: the complete digitalization of the issuing and management process through the blockchain technology – hence the term tokenized – enabled by the platform Blockinvest. The purpose of transforming a traditionally paper-based workflow into a digital process is for greater efficiency, transparency and speed. A path towards new digital solutions for small and medium-sized businesses.
Evolving finance
Remo Taricanideputy head of Italy of Unicredit stated: «We are proud of this innovation, which could not find a better realization than with a company like E4 computer engineering, leader in the most advanced sectors information technology and artificial intelligence. After being among the first to introduce the minibond in 2017 as an alternative means of financing SME investments, after having contributed significantly to its success with 250 SMEs financed for around 1.4 billion euros and having exported the product to other geographies, today we are the first in Italy to launch a new phase of evolution of this instrument in the name of digitalisation, with prospects for further development thanks to distributed technologies and the use of digital currencies”.
Partnership
Andrea Nuzzibusiness director of Cdp added: «The investment in the first minibond in Italy tokenized on public blockchain is a result of which we are particularly proud and constitutes an achievement resulting from a broader path started in 2024 during which we have repeatedly experienced the advantages of blockchain technology in the capital market. The operation, carried out in partnership with Unicredit, confirms our commitment to supporting businesses with increasingly advanced and cutting-edge tools and our leadership in the alternative finance segment”.
Photo in aperture at Jakub Zerdzicki su Unsplash.
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