Trad.Fi and W3 are launching an experiment in U.S. equipment financing, using AI to compress loan reviews to one day and blockchain for capital workflows. Targeting a $650M pipeline, the initiative aims to test tokenized private credit's move from portfolio wrappers to direct business lending, focusing on AI's impact on underwriting quality and investor liquidity.
Trad.Fi and W3 aim to move $650M in U.S. equipment financing onto blockchain rails over four years. The project uses AI for risk assessment and aims to compress loan processes from months to a day, testing blockchain's utility for real-world assets beyond tokenized funds.
IRDAI has urged the non-life insurance sector to establish standard definitions for 'claim' and 'claim settlement ratio' to ensure consistency and transparency in reporting, addressing discrepancies in how companies currently calculate this key financial and customer satisfaction metric.
SpaceX has reportedly chosen Goldman Sachs to lead its anticipated initial public offering, expected this year at a valuation of $1.25 trillion. The deal could make Elon Musk the first trillionaire and allocate up to 30% of shares to retail investors.
Anthony Albanese secures four additional cargoes of diesel for Australia via BP, Viva Energy and Export Finance Australia. Follow live.
