Philipp Von Randow

With the Obligate platform, companies can issue on-chain bonds and commercial paper to obtain funding from a diverse range of investors. This comes at a fraction of the cost and time of traditional offerings but with the same regulatory certainty, as the instruments are globally enforceable, regulated debt securities. At the same time, investors get access to a wide range of regulated digital debt assets which can be secured with on-chain collateral. Utilizing smart contracts and tokenization in place of intermediaries such as paying and issuer agents, Obligate is able to reduce the costs associated with a bond issuance by 80% and reduce the time needed for an issuance from weeks to hours.

With the Obligate platform, companies can issue on-chain bonds and commercial paper to obtain funding from a diverse range of investors. This comes at a fraction of the cost and time of traditional offerings but with the same regulatory certainty, as the instruments are globally enforceable, regulated debt securities. At the same time, investors get access to a wide range of regulated digital debt assets which can be secured with on-chain collateral. Utilizing smart contracts and tokenization in place of intermediaries such as paying and issuer agents, Obligate is able to reduce the costs associated with a bond issuance by 80% and reduce the time needed for an issuance from weeks to hours.

Latham & Watkins is a global law firm with more than 3,500 lawyers in its offices located in Asia, Europe, the Middle East and the United States. The firm has internationally recognized practices in a wide spectrum of transactional, litigation, corporate and regulatory areas. Our success is grounded in our devotion to the collaborative process, which reaches across global offices and practices and draws upon our deep subject matter expertise, an abiding commitment to teamwork and a powerful tradition of creative lawyering. Follow us on Twitter @lathamwatkins Join us on Facebook www.facebook.com/lathamwatkins Subscribe to us on YouTube http://youtube.com/lathamwatkinsglobal Content may include attorney advertising.

Latham & Watkins is a global law firm with more than 3,500 lawyers in its offices located in Asia, Europe, the Middle East and the United States. The firm has internationally recognized practices in a wide spectrum of transactional, litigation, corporate and regulatory areas. Our success is grounded in our devotion to the collaborative process, which reaches across global offices and practices and draws upon our deep subject matter expertise, an abiding commitment to teamwork and a powerful tradition of creative lawyering. Follow us on Twitter @lathamwatkins Join us on Facebook www.facebook.com/lathamwatkins Subscribe to us on YouTube http://youtube.com/lathamwatkinsglobal Content may include attorney advertising.

Taylor Wessing is a global law firm that serves the worlds most innovative people and businesses. Deeply embedded within our sectors, we work closely together with our clients to crack complex problems, enabling ideas and aspirations to thrive. Together we challenge expectation and create extraordinary results. Our 27 offices around the world are not token presences - they blend the best of local business, industry and cultural knowledge with international experience to provide astutely commercial solutions for our clients. OFFICES INCLUDE: AUSTRIA Schwarzenbergplatz 7, 1030 Vienna BELGIUM Rue des Colonies 56, 1000 Brussels CHINA Unit 3018, South Tower Beijing Kerry Centre, No.1 Guanghua Road Chaoyang District,100020 Beijing Unit 3003, Wheelock Square, 1717 Nanjing West Road, 200040 Shanghai CZECH REPUBLIC U Prašné brány 1, 110 00 Praha 1, Prague Dominikánské námĕstí 4/5, 602 00 Brno FRANCE 12 rue de la Paix, 75002 Paris GERMANY Ebertstraße 15, 10117 Berlin Benrather Straße 15, 40213 Düsseldorf Thurn-und-Taxis-Platz 6, 60313 Frankfurt am Main Hanseatic Trade Center, Am Sandtorkai 41, 20457 Hamburg Isartorplatz 8, 80331 Munich HONG KONG 21st Floor, 8 Queens Road Central HUNGARY Dorottya u. 1. III. em, 1051 Budapest POLAND ul. Mokotowska 1, 00-640 Warsaw NETHERLANDS Parnassusweg 823, 1082 LZ Amsterdam Kennedyplein 201, PO Box 3, 5611 ZT Eindhoven REPUBLIC OF IRELAND Ardilaun Court, Suite 417, Block C, 112-114 St Stephens Green, D02 TD28 SLOVAKIA Panenská 6, 81103 Bratislava UNITED KINGDOM Hill House, 1 Little New Street, London EC4A 3TR 24 Hills Road, Cambridge CB2 1JP Edward Pavilion, Albert Dock, Liverpool L3 4AF UKRAINE Illinsky Business Center, vul. Illinska 8, 6th floor, 04070 Kiev UAE 26th Floor, Rolex Tower Sheikh Zayed Road, P.O. Box 33675, Dubai USA 41 Madison Avenue, 31st Floor, New York 1550 El Camino Real, Suite 275, Menlo Park, Silicon Valley