Phlomis Finance has announced a strategic collaboration with responsAbility Investments AG. The partnership marks a pivotal step in aligning blockchain-based investing with sustainable development goals. It aims to revolutionize impact investment in emerging markets. Phlomis Finance is an innovative real-world asset investing platform on the Chromia blockchain. The other partner, responsAbility, is a global leader in sustainable and impact investing based in Zurich, Switzerland.
Phlomis Finance Empowers Sustainable Growth Through Blockchain
The global leader, responsAbility, with over two decades of experience, has a robust presence in various sectors. These sectors include financial inclusion, climate finance, and sustainable food systems. Phlomis Finance, through this collaboration, will integrate responsAbility’s private debt and equity solutions into its resilient investing platform.
This move will cater to the growing demand for tokenized real-world assets (RWAs). These real-world assets are US Treasuries, private credit lending, and other securitized assets. The partnership offers institutional and individual investors a diverse portfolio of sustainable investment options.
The Chromia blockchain is a decentralized platform that enables scalable decentralized applications (dApps). It plays a central role in the partnership of both allies by enabling secure, transparent, and on-chain reporting of financial and impact transactions. Utilizing Chromia’s on-chain Filehub for document management further ensures trust and efficiency. This alignment represents Phlomis Finance’s commitment to technological innovation for greater investment transparency.
A Vision of Phlomis Finance and responsAbility For Global Impact
Robert Widen is the Director of the Nordics for responsAbility. He emphasized the partnership’s potential to redefine impact investments tailored to the digital asset ecosystem. He said, “We believe our investment products, which provide attractive returns with specific, measurable impact, will appeal to digital asset investors.”
Todd Miller, Managing Director for Phlomis Finance, praised responsAbility’s expertise in impact assessment and credit management. He states that the collaboration will introduce a unique suite of resilient investment offerings to global markets. He said, “We are excited to work with a fund manager recognized for its quality asset and credit management plus rigorous impact assessment strategies.”
Phlomis Finance and responsAbility are bridging blockchain technology with sustainable impact investments. By doing this, they are setting a new standard in leveraging Web3 for global economic empowerment. This collaboration reflects a shared vision of advancing the United Nations Sustainable Development Goals (SDGs). Furthermore, the alliance focuses on poverty alleviation, gender inclusion, and environmental sustainability.
Phlomis Finance and responsAbility’s partnership represents the intersection of innovative technology and ethical investing. Together, they aim to create a more sustainable future through impactful investment solutions.