9911796707
TMI Blog129Knots Founded by Indian-Origin Entrepreneurs Launches First of its Kind OTD Technology with USD 10M Investment and USD 500M Deal in PipelineX X X X Extracts X X X X X X X X Extracts X X X X ..... 129Knots Founded by Indian-Origin Entrepreneurs Launches First of its Kind OTD Technology with USD 10M Investment and USD 500M Deal in Pipeline X X X X Extracts X X X X X X X X Extracts X X X X ..... , it is set to revolutionize the industry with its real-world asset origination to distribution (OTD) technology. The OTD technology will reinvent deep-tier industries by delivering and deploying scalable liquidity solutions through secure chain technologies. This will elevate supply chains into high-value assets that meet investment-grade standards. Moreover, the platform is driven by a proprie ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tary data driven credit engine named Tribal Knots. Tribal Knots uses advanced machine learning and integrates both structured and unstructured data from global networks to offer real-time insights into buyer behavior, transaction patterns, and industry benchmarks. 129Knots was incubated and launched under the Singapore Economic Development Board (EDB) Corporate Venture Launchpad programme, which ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... supports companies with venture creation and startup partnerships from Singapore. The corporation partnered with McKinsey & Company to validate its market opportunity, which led to the creation of 129Knots to drive innovation in the real-world asset economy. The additional support from Enterprise Singapore and IBM consulting, combined with the $10 million capital injection, will help scale 129Kno ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ts globally as it aims to solve the $2.5 trillion gap between trade finance requests and approvals, which is its first market entry value proposition. 129Knots will also offer a vast range of next-gen OTD solutions across trade credit, asset tokenization, programmable money, stablecoin-powered transactions, blockchain technology, advanced trade audit trails, innovative credit risk assessment mod ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... els, and trade governance. These technologies will redefine real-world asset management, increase transparency, and enhance risk mitigation beginning in the marine energy transition sector, with plans to expand into other high growth industries. The pipeline of over $500 million in deals, combined with the financial vote of confidence from one of Singapore’s fastest-growing companies, is clear e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vidence of the overwhelming demand for state-of-the-art asset origination to distribution platform, according to 129Knots. Vikash Dhanuka, Founder & Group CEO, said: "The homogeneous approach of balance-sheet-led lending is obsolete. A one-size-fits-all approach simply fails in a dynamic sector such as global trade. At 129Knots, we redefine the game with a tailored integration of OTD technology, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... business risk management, and finance. As an example, a small marine energy supplier in an emerging market can tokenize receivables using programmable money, enabling instant credit disbursement upon achieving predefined milestones verified in real-time through advanced governance audit trails. This innovation provides financiers with full visibility into trade assets, mitigates risks and unloc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ks capital previously unavailable through conventional channels." Mahesh Kumar, co-founder and interim CEO at 129Knots, said: "At the forefront of the real-world asset economy, 129Knots strives to become the world’s most trusted originator and distributor of real-world assets and to revolutionize deep-tier trade industries with safe, efficient, and next-gen secure chain technologies. 129Knots is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... therefore more than just a fintech platform; it is designed for scalability and adaptability. Our cutting-edge OTD technology seamlessly provides end-to-end data visibility from asset origination to distribution." About 129Knots 129Knots is pioneering a state-of-the-art, real-world asset origination to distribution (OTD) platform. Our breakthrough technology will reinvent deep-tier industries by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... delivering and deploying scalable liquidity solutions through secure chain technologies. Powered by a proprietary credit engine named Tribal Knots, 129Knots will elevate supply chains into high-value assets that meet investment-grade standards. 129Knots was incubated and launched under the Singapore Economic Development Board (EDB) Corporate Venture Launchpad programme, with additional support f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rom McKinsey & Company, Enterprise Singapore and IBM consulting. Visit 129Knots here for more info. To View the Image, Click on the Link Below: Left: Mahesh Kumar, co-founder and interim CEO at 129Knots. Right: Vikash Dhanuka, Founder & Group CEO, 129Knots. (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibilit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y for the same.). PTI PWR PWR X X X X Extracts X X X X X X X X Extracts X X X X
|
