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Frigg

Frigg
Website:
Frigg
Launch Status:
Live
Issuer/Asset Category:
Sustainable and Responsible Investments
Summary:

Frigg aims to help small-to-medium blue-chip renewable developers, carbon removal or other decarbonization asset owner/developer access financing via blockchain rails by tokenizing debt of their project SPVs. After six months of hard work, the company went live with a proof of concept in September 2022. The $3m Swiss digital debt security was issued on Ethereum to refinance a government-supported developer’s hydro project in Rwanda, Africa.

Product Category:
Credit protocol (asset-backed)
Token:
-
Chain:
Ethereum
Location:
Custodial/Non-Custodial:
Non-custodial
Private/Public Blockchain:
Public