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FinTech Seed Founded 2019

Obligate

Obligate operates a digital securities infrastructure platform enabling the issuance and distribution of regulated on-chain financial instruments, connecting issuers with global investors through blockchain technology under the Swiss DLT Act. The company's proprietary AssetOS technology platform features eNotes and eTrackers (ledger-based securities under the Swiss Code of Obligations), automated smart contracts,…

📍 Zurich, Switzerland · Cryptocurrencies,

Funding snapshot

Last roundSeed
Amount$3M
Date3 November 2025
Total raised$8M
Team size30

About

Obligate operates a digital securities infrastructure platform enabling the issuance and distribution of regulated on-chain financial instruments, connecting issuers with global investors through blockchain technology under the Swiss DLT Act. The company's proprietary AssetOS technology platform features eNotes and eTrackers (ledger-based securities under the Swiss Code of Obligations), automated smart contracts, multi-blockchain support, and comprehensive compliance infrastructure that is regulated, globally enforceable, and designed for institutional requirements. Obligate offers two core business lines: Yield Products, providing institutional and qualified investors access to regulated on-chain private credit and structured investment products with T+0 settlement and transparency (including asset-backed securities from investment-grade to high yield), and Tokenization Solutions, enabling companies to issue regulated digital securities with 80% cost reduction and time from weeks to hours. Current offerings span real estate debt, commodity finance, emerging markets ESG, and trade finance yield products. Obligate's flagship RWA product oTFY has been integrated into Kamino (Solana's leading lending protocol) and Base lending markets, enabling institutional-grade trade-finance exposure as collateral, with Chainlink providing NAV data on-chain. The platform supports three engagement models: Professional User (Capital Markets-as-a-Service for structuring and issuance), Distribution Partner (offering on-chain debt products to clients), and SaaS Client (leveraging Obligate's issuance and legal infrastructure). Obligate differentiates itself through its Swiss regulatory framework providing globally enforceable securities, its proprietary eNotes legal structure, and its DeFi composability enabling tokenized debt as collateral in lending protocols. Founded in 2019 and headquartered in Zurich, Switzerland, Obligate has raised approximately $8.5 million in a Seed round backed by Blockchange, Circle, Earlybird, SIX, Exponential Science, and Axelra.

Business model

Cryptocurrencies > Financial Services > Lending > Business Loans > Marketplace

Founders & team highlights

Serial Founder

Team background

College Wise > University of Zurich

Institutional investors

Blockchange Circle Earlybird SIX Exponential Science Axelra Yuval Rooz Carsten Thoma

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