Acredius partners with Cardano (ADA) to provide more opportunities for Swiss SMEs

Digital fintech platform Acredius said it has started a collaboration with the Cardano Foundation. The partnership makes it possible to integrate the ADA token into the activity of the platform. It also aims to provide more tokenization opportunities for Swiss small and medium-sized enterprises (SMEs). This initiative will significantly improve the transparency and flexibility of the investment process.

Integration of the Cardano (ADA) token into the activities of Acredius

Acredius, a Swiss fintech specializing in SME financing, announced on Twitter its collaboration with the Cardano Foundation. It is one of the non-profit organizations that oversees the progress of the Cardano blockchain. The agreement aims to integrate the ADA, a native token of the Cardano blockchain, into its activity. This is a real-world Cardano usage strategy as all Acredius clients can use the ADA token to invest in Swiss SMEs.

ADA users will also have access to the “Secondary market” of Acredius to benefit from more liquidity. As Ghassen Benhadjsalah, co-founder and CEO of Acredius, points out, the collaboration will benefit both parties and facilitate access to market loans. For Cardano, it allows for greater adoption of the ADA token and therefore a potential increase in its value.

More tokenization opportunities for SMEs on Cardano

The Swiss fintech intends to take advantage of Cardano’s smart contracts as part of this partnership agreement. Indeed, Acredius will join the Cardano blockchain dApps ecosystem in addition to accepting ADA as a means of payment for its holders. To do this, Acredius will deploy smart contracts on Cardano which is the second largest Proof-of-Stake blockchain.

With this launch, retail investors and SMEs have easy-to-use tokenization tools. These make it possible to advance fundraising procedures. The combination of the two companies is bringing a true revolution to the lending market, opening up new avenues for global economic growth. As the CEO of Acredius states, the company strives to be at the forefront of innovation in the market lending industry. Besides, AI-based projects could be Cardano’s next expansion axis.

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