Phlomis Finance, a newcomer in the digital asset investing technology sector, has announced a strategic collaboration with responsAbility Investments AG, a Zurich-based leader in impact investing. This partnership aims to enhance investment opportunities in the real-world asset market while promoting sustainable economic growth in emerging markets.
Key Takeaways
Collaboration Focus: Phlomis Finance and responsAbility will work together to offer private debt and equity products through Phlomis's resilient investing platform.
Investment Goals: The partnership aims to drive measurable impact alongside market returns, focusing on financial inclusion, climate finance, and sustainable food sectors.
Blockchain Utilization: Financial and impact reporting will be recorded on-chain using the Chromia blockchain, ensuring transparency and accelerated settlement for investors.
Overview of Phlomis Finance
Phlomis Finance is dedicated to resilient investing, providing a technology platform designed to thrive in various market conditions. The company emphasizes the importance of digital currencies and on-chain investment transparency, which they believe enhances asset value and meets investor needs.
About responsAbility Investments AG
Founded in 2003, responsAbility is a prominent impact asset manager specializing in private market investments. The firm focuses on three key themes that align with the United Nations Sustainable Development Goals (SDGs):
Financial Inclusion: Financing the growth of micro and small to medium enterprises (SMEs).
Climate Finance: Contributing to a net-zero pathway.
Sustainable Food: Addressing the challenge of feeding a growing global population.
With over $15.7 billion deployed in impact investments, responsAbility manages approximately $5.1 billion in assets across 300 portfolio companies in around 70 countries.
Goals of the Collaboration
The collaboration between Phlomis Finance and responsAbility aims to achieve several key objectives:
Expanded Investment Offerings: By combining their strengths, the two firms will provide a broader range of liquid and long-term fund options for digital asset investors.
On-Chain Reporting: All financial and impact reporting events will be recorded on the blockchain, enhancing transparency and trust among investors.
Empowerment and Job Creation: The partnership seeks to empower individuals and businesses in emerging markets, contributing to poverty alleviation and job creation.
Expert Insights
Robert Widen, Director of the Nordics for responsAbility, expressed enthusiasm about the collaboration, stating, "We are excited to work with Phlomis Finance and the ChromaWay team to develop a new channel and paradigm for impact investments tailored to the growing segment of digital asset holders."
Todd Miller, Managing Director for Phlomis Finance, highlighted responsAbility's reputation in the impact asset management space, noting, "Combining their expertise in asset management and impact assessment with our technology platform will bring a unique suite of resilient investment offerings to market."
Conclusion
The strategic collaboration between Phlomis Finance and responsAbility Investments AG marks a significant step forward in the realm of impact investing. By leveraging technology and a shared commitment to sustainable development, the partnership aims to create a positive impact in emerging markets while providing attractive investment opportunities for digital asset holders.
Sources
Phlomis Finance and Swiss Impact Investment Fund responsAbility Announce Strategic Collaboration | Markets Insider, markets.businessinsider.com.
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