ZIG Finance Launches Saudi SME Credit Vault Targeting $100 Million Fundraise

According to a TechFlow report on November 11, citing The Block, ZIG Finance and Nomura's digital asset subsidiary Laser Digital have launched the on-chain investment product zEMS Vault, targeting a $100 million raise to invest in Saudi SME private credit.

The vault enables qualified institutional investors to participate in a Saudi SME loan portfolio originated through Beehive's lending infrastructure. Investors can subscribe and redeem using stablecoins, with KAIO handling tokenization and vault management on BNB Chain, and Zamanat responsible for investment structuring and Shariah advisory.

Laser Digital will serve as risk framework advisor, helping design risk governance structures and provide tokenization advisory. The parties plan to apply this model to other emerging markets and credit strategies.

Source: TechFlow