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PrimeRevenue Tokenizes Corporate Payment Drafts on Solana

PrimeRevenue Tokenizes Corporate Payment Drafts on Solana

Photo: Coincu

PrimeRevenue, a supply chain finance platform that processes payment obligations for large corporate buyers and their supplier networks, has moved to tokenize corporate payment drafts on the Solana blockchain, a step that positions institutional payment instruments directly on a high-throughput public ledger for the first time under the company’s product umbrella. The announcement marks a deliberate choice to bring a traditionally paper-heavy, bank-intermediated financial instrument into on-chain infrastructure, amid growing institutional interest in using programmable blockchains to digitize trade finance instruments that have remained largely unchanged for decades.

Source: Coincu

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