DBRS to Grade ‘Tokenized’ Deal

In the Jan. 10, 2020 issue of Asset-Backed Alert (see below for PDF of full article), Cadence was highlighted for its role in the upcoming DBRS Morningstar rating of “the debut securitization from restaurant operator FAT Brands, a deal that would be among the first with a blockchain-technology component.”

“This deal will push the industry forward and enable more securitizations leveraging the blockchain,” Cadence founder Nelson Chu said.

About Cadence

Cadence is the leading digital securitization and investment platform for private credit. The company has developed a suite of software and services to streamline the securitization process from end to end. Cadence is the only platform built with both institutional and retail investors in mind, integrating directly into their existing workflows with high-yield, short-duration investment products.


[This archived post was released at a time when Percent was formerly known as Cadence.]

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