Metavisio, a trailblazing company in the realm of futuristic computing, has initiated the first tranche of a monumental USDC 2 million bond issuance on the Polygon blockchain in collaboration with Obligate, a premier on-chain capital markets platform. This milestone signals Metavisio’s commitment to leveraging blockchain technology to fuel its expansion endeavors.
Financial Impetus for Expansion
The proceeds from this bond issuance, with a ceiling of USDC 20 million, are earmarked for Metavisio’s ambitious foray into manufacturing operations in India. This strategic allocation of funds aligns with the company’s overarching growth strategy, aimed at solidifying its position as a leader in the technology sector in France while simultaneously pursuing global consolidation efforts. With a steadfast commitment to innovation and a robust international presence, Metavisio seeks to enhance its production capabilities to meet the escalating demand for its cutting-edge computing solutions worldwide.
Enthusiastic Endorsement from Metavisio’s Leadership
Stéphan Français, the visionary founder and CEO of Metavisio, lauds the success of this groundbreaking issuance. He emphasizes Metavisio’s pioneering spirit in embracing technological advancements and adapting to evolving investor landscapes. Français underscores the transformative potential of on-chain issuance, citing the collaboration with Capital Système Investissements as a gateway to unprecedented opportunities.
Industry Perspectives on Innovation
Laetitia Maffei, Head of Digital Assets at Capital Système Investissements, underscores the historic significance of this transaction. She highlights that this digital bond issuance represents a paradigm shift in corporate finance, marking a departure from traditional banking institutions. Maffei emphasizes the symbiotic relationship between conventional corporate finance and the burgeoning decentralized finance (DeFi) ecosystem, fostering greater accessibility for crypto investors to participate in real economic ventures.
Supporting Infrastructure and Regulation
The bond issuance received a favorable rating from Credora, affirming its viability and credibility within the financial landscape. Additionally, Atlendis Flow, a French entity regulated by the French Authority for Capital Markets (AMF) as a Digital Asset Service Provider (PSAN), facilitated the conversion of USDC to USD, ensuring compliance with regulatory frameworks.
Conclusion
Metavisio’s bold step into the realm of on-chain capital markets signifies a pivotal moment in the convergence of technology and finance. With innovative initiatives like this bond issuance on the Polygon blockchain, Metavisio is poised to accelerate its global expansion efforts, revolutionizing the landscape of decentralized finance and paving the way for future advancements in the tech industry.