Phlomis Finance will leverage its Chromia chain affiliation to boost its impact investing product with responsAbility.
By Godfrey Benjamin
Edited by Julia Sakovich
Updated
3 mins read
Phlomis Finance, a real-world asset investing platform, and responsAbility Investments AG have inked a strategic partnership. According to a press release shared with Coinspeaker, the collaboration will enable individual digit asset investors and institutions access to funding offerings.
The duo aims to provide extended liquidity and longer-term fund offerings based on market conditions. With the arrangement, private individuals and institutional investors will have access to capital to finance their investments in digital asset holdings.
The partnership seeks to guarantee the accurate recording of all financial and impact reporting events on the blockchain. These include transactions on securitization, primary issuance, and secondary trading. The goal is to provide full transparency and accelerated settlement to investors.
Phlomis Finance, built on the Chromia blockchain, will use the chain as a secure data layer to record financial data and make an impact. It will also leverage Chromia’s on-chain Filehub solution to host its virtual data room for investor-oriented document sharing.
Robert Widen, Director of the Nordics for responsAbility, expressed excitement at the collaboration opportunity.
He said the startup looks forward to working with Phlomis Finance and the ChromaWay team to develop a new channel for impact investment.
Widen believes that the investment products tailored to the growing segment of digital asset holders will provide attractive returns. He assured users of a measurable impact that would appeal to digital asset investors in general. With the broader market generally focused on meme coins, the Phlomis Finance and responsAbility’s offering will provide more conservative high-risk-reward alternatives.
Todd Miller, Managing Director of Phlomis Finance, described responsAbility as an innovative leader in impact asset management. He emphasized that the protocol’s performance and impact record make it a valuable partner.
Miller explained that combining responsAbility’s asset management and impact assessment expertise with the Phlomis Finance technology platform will provide resilient investment offerings. He lauded Phlomis Finance as a recognized fund manager renowned for its quality asset management. The platform has also gained recognition for credit management and rigorous impact assessment strategies.
For perspective, Phlomis Finance offers a technology platform suitable for different markets. This platform is available to those dealing in investable assets. The entity supports any platform that deals in digital currencies. Additionally, it serves those utilizing digital signatures to validate identity and provides fully on-chain investment transparency.
The Phlomis Finance philosophy is that such platforms better serve investors’ needs and increase asset value. On the other hand, responsAbility, with over 20 years of experience, has established itself as a global leader in impact investing.
They provide investment solutions to retail, professional, and institutional investors across diverse sectors. These include Financial Inclusion, Climate Finance, and Sustainable Food, focusing on driving impact in emerging markets.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
