Securities, Re-engineered on the Blockchain
Digital Securities,
Tokenised on the Blockchain.
Obligate transforms bonds , and structured debt instruments into natively on-chain securities — regulated, globally enforceable, and settled in real time. No clearing or settlement agents. No paper trails. No delays
Version 1.0.0
January 2026
Published
For qualified professional investors only.
Best Fixed Income Capital Raising Platform
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Faster to Market
vs. traditional bond issuance
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Fewer Intermediaries
smart contracts replace the chain
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Cheaper
than traditional issuances
For Issuers
Issue On-Chain Debt Securities
in Days, Not Months.
01 Structure Your Instrument
Define the terms of your bond, commercial paper, or structured note. Obligate's capital markets and legal team configure your instrument to meet institutional standards — tailored to your funding needs.
02 Mint a Natively On-Chain eNote™
Your debt instrument is minted as an eNote™ — underpinned by Swiss DLT legislation. Globally enforceable and registered on-chain from day one. No ISIN gateway, no CSD, no paper.
03 Settle Instantly in Stablecoin
Capital is raised and coupons disbursed in Stablecoins . Settlement is atomic and real-time — eliminating the T+2 delays that define traditional markets.
04 Access Global Institutional Investors
Your issuance is immediately distributed to Obligate's network of investors reaching qualified investors across multiple jurisdictions.
05 Automate the Full Lifecycle
Coupon payments, principal repayment, and maturity events are handled autonomously via smart contracts on Polygon or Ethereum. Transparent, auditable, and immutable.
From First Mandate to Final Repayment.
Obligate is the only platform covering every stage of a bond's life — from structuring and issuance through active secondary trading, ongoing administration, and automated settlement. One regulated infrastructure, end-to-end.
Structure & Configure
Define the terms of your bond, commercial paper, or structured note. Obligate's capital markets and legal team configure your instrument to meet institutional standards — tenor, coupon rate, currency, governing law — tailored to your specific funding needs.
Term Sheet
Legal Review
Service Takes
Mint & Issue the eNote™
Your debt instrument is minted as an Obligate eNote™ — a ledger-based security registered natively on Polygon or Ethereum. Globally enforceable under Swiss DLT law from day one. No ISIN gateway, no CSD, no paper documentation required.
eNote™ Minted
Polygon / Ethereum
Globally Enforceable
Distribution
Obligate operates a growing network of institutional investors with direct access to on-chain bonds and private debt products. In addition, we distribute through our regulated platform partners — including Assetera, Investax, and Archax — ensuring your issuance reaches qualified investors across multiple jurisdictions, seamlessly and compliantly.
Institutional Network
Assetera
Investax
Archax
Trade & Administer
Secondary market trading, automated coupon disbursements, and real-time portfolio reporting — all governed by smart contracts on-chain. Every event is transparent, auditable, and fully automated with no manual reconciliation required.
Secondary Trading
Auto Coupons
Real-Time Reporting
Settle & Mature
At maturity, principal repayment is executed automatically by the smart contract — no manual processing, no clearing house delays. Investors receive USDC directly to their on-chain wallets in an atomic, final, and fully auditable transaction.
Atomic Settlement
USDC to Wallet
Immutable Record
I’ve worked with MNC. for over 5 years now. I’m continually impressed with how seamless our development is and highly recommend connecting with him if you’re looking for a new development team
I’ve worked with MNC for over five years, and the experience has been outstanding. The development process is always smooth and reliable. I highly recommend connecting with him if you’re looking for a trusted team.
Partnering with MNC has been one of the best decisions for our company. Their workflow is seamless, communication is clear, and delivery is always on point. Anyone needing a strong development partner should reach out.
We’ve collaborated with MNC across multiple projects, and every time they’ve delivered beyond expectations. Truly professional, efficient, and detail-oriented. I’d absolutely recommend him for any development needs.
MNC has consistently made our development smooth and stress-free. Their ability to understand requirements and execute perfectly is remarkable. If you need a dependable dev team, he’s the one to talk to.
Why On-Chain Bonds Are Superior
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Swiss Securities
Obligate's eNote™ instruments are ledger-based securities issued under Switzerland's landmark DLT legislation — one of the most advanced legal frameworks for on-chain securities in the world.
Atomic Settlement
Payment and delivery occur simultaneously in a single transaction — eliminating counterparty risk and T+2 delays. Settlement is instant, final, and irreversible the moment it happens.
Real-Time Transparency
Every issuance event, coupon payment, and ownership transfer is written immutably to the blockchain. Issuers and investors share a single, auditable source of truth — no reconciliation, no opacity.
Globally Enforceable
Obligate's eNote™ debt securities carry comprehensive dispute resolution frameworks and are legally enforceable across most important jurisdictions worldwide — institutional-grade certainty, on-chain.
The CMTA Token (CMTAT) is an open-source smart contract standard developed by the Capital Markets and Technology Association — a Geneva-based body uniting leading organizations from Switzerland's financial, legal, and technology sectors.
Designed specifically for the tokenization of financial instruments including equity, debt, and structured products, the CMTAT defines the mandatory and optional functions a security token must implement. It is blockchain-agnostic, built initially to comply with Swiss law, and is now internationally recognized — referenced in the Monetary Authority of Singapore's Project Guardian Fixed Income Framework.
Obligate's eNote™ instruments are issued using the CMTAT standard, ensuring that every on-chain bond benefits from built-in compliance features including conditional transfer controls, account-level governance, and a modular architecture audited by leading smart contract security firms.
Designed specifically for the tokenization of financial instruments including equity, debt, and structured products, the CMTAT defines the mandatory and optional functions a security token must implement. It is blockchain-agnostic, built initially to comply with Swiss law, and is now internationally recognized — referenced in the Monetary Authority of Singapore's Project Guardian Fixed Income Framework.
Obligate's eNote™ instruments are issued using the CMTAT standard, ensuring that every on-chain bond benefits from built-in compliance features including conditional transfer controls, account-level governance, and a modular architecture audited by leading smart contract security firms.
Open Source
Publicly available under a permissive license. Audited and battle-tested across leading institutions.
Blockchain Agnostic
Reference implementations for Ethereum, Polygon, and Tezos. Compatible with any EVM chain.
Internationally Recognized
Cited by MAS Project Guardian as a benchmark framework for fixed income tokenization globally.
The Capital Markets Reinvented.
Join issuers who have replaced months of roadshows, intermediaries, and paper with days, smart contracts, and blockchain-native securities.
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