BNB
by BSCN
June 10, 2023
As the world's first decentralized bond market, Mortonn aims to revolutionize the fixed-income market by providing an alternative to traditional models.
After more than four years of development, the decentralized finance (DeFi) ecosystem has matured with a considerable number of lending products and decentralized exchanges. However, the decentralized bond market is still largely uncharted territory.
In October 2022, Israel's Ministry of Finance collaborated with Fireblocks and VMWare to issue digital bonds based on blockchain technology.
The Brazilian fintech company, a55, successfully issued $50 million in digital bonds using the ERC-3475 standard.
During December 2022, UBS Wealth Management introduced $50 million worth of blockchain bonds exclusively to high-net-worth individuals in Asia.
In January 2023, a subsidiary of the French bank Société Générale leveraged tokenized bonds as collateral to access 7 million DAI from MakerDAO.
By February 2023, the government of the Hong Kong Special Administrative Region launched its first set of tokenized green bonds.
March 2023 witnessed Bart Garré, a legal adviser for Euroclear, a prominent traditional financial services giant, announcing their plans to potentially launch a bond settlement platform based on Distributed Ledger Technology (DLT) later in the year, although the exact launch date remains uncertain.
Despite these advancements, the current on-chain bonds face challenges due to the absence of a liquid market and trading products.
Introducing Mortonn, the world's first decentralized bond market, which offers a decentralized environment for bond circulation. Mortonn is a DeFi bond market platform that aims to revolutionize the fixed-income market by offering an alternative to traditional models. The platform operates on the Binance Smart Chain (BSC) and facilitates lending and token buying and selling, backed by digital assets as collateral
Since 2023, Mortonn has been operational and has been actively promoting its services globally. With the dedicated efforts of its team members, a strong project background, and technical advantages, Mortonn has swiftly garnered numerous industry partners and garnered growing community support worldwide.
The Mortonn team is both vibrant and efficient, thanks to the diverse strengths and excellent role positioning of its members. Each team member brings their own unique talents to the table, resulting in a highly competitive team that excels in all areas.
Jaime Terauds, CEO of Mortonn, is an outstanding entrepreneur with over 30 years of industry experience in financial management, fintech, blockchain, and emerging markets. He is highly praised for his innovative entrepreneurship, particularly in starting and running startups, which has been highly recognized by many peers on the LinkedIn platform.
Kamarul Zam, COO of Mortonn, is an experienced businessman skilled in international business and building and maintaining global strategic alliances and partnerships. His profound understanding of both Eastern and Western cultures plays an irreplaceable role in Mortonn's cross-cultural operations and global business expansion.
Wouter Raasveldt, CFO of Mortonn, is a key player in the product. An experienced financial trading expert, Wouter possesses deep professional knowledge and successful investment management experience in financial modeling, risk management, and cross-market trading. His unique advantages in financial innovation and trading have made significant contributions to the Mortonn platform.
Based on an exceptional team, Mortonn has a strong industry background. In the global financial field, the three core members of the Mortonn team have abundant connections and resources in financial institutions.
Mortonn occupies a notable position within the cryptocurrency industry as part of both BSC (Binance Smart Chain) and Binance. It stands as the pioneering decentralized bond protocol within the BSC ecosystem and the very first decentralized bond platform across the entire network.
A significant milestone occurred on March 25, 2023, when Mortonn's COO successfully conducted an AMA (Ask Me Anything) event on Binance's official live platform. This event served as a platform to introduce the market to the various products and features offered by the Mortonn platform.
Furthermore, in June 2023, Mortonn solidified its role as a crucial member of the BSC ecosystem by establishing a collaboration with BSC NEWS. Recognized as a prominent media outlet within the BSC ecosystem, BSC NEWS focuses on reporting and highlighting the development and innovation within the realms of DeFi and Web3 ecosystems.
In addition to having a strong background in financial products and business operations, Mortonn also has advantages in blockchain technology and DeFi product development.
Mortonn's technical team comprises exceptional individuals who have previously worked on notable projects such as MakerDAO and CurveSwap. These talented professionals made the decision to join Mortonn, leaving behind their contributions to those exceptional projects, in order to pursue the development of innovative DeFi products within Mortonn.
Furthermore, Mortonn offers users automated trading products that incorporate AI algorithms. These advanced algorithms continuously analyze user trading behavior and refine trading strategies, ultimately maximizing investment returns for Mortonn users.
In May 2023, Mortonn actively participated in the Montenegro Blockchain Conference, which revolved around the theme of technology. During this significant event, Mortonn successfully established cooperative relationships with various projects and actively engaged in discussions surrounding blockchain technology and its diverse applications. The conference served as an ideal platform for Mortonn to expand its network and contribute to the discourse on blockchain advancements.
Mortonn has formed close partnerships with a diverse range of blockchain projects, spanning at least 17 different types. These collaborations encompass:
Since its launch, Mortonn has experienced remarkable community growth, driven by its strong technology, high-quality products, and the personal charm and professional operations of its team members.
In less than three months, Mortonn has amassed over 20,000 followers on Twitter and welcomed nearly 10,000 investors to its community.
The immense potential of the DeFi bond market, combined with the impressive expertise and background of the Mortonn team, as well as the inherent technological advantages of the platform, have contributed to Mortonn quickly establishing extensive industry cooperation and earning deep trust within the community.
These factors clearly indicate that Mortonn, as the world's first decentralized bond market, is rapidly ascending and holds immense potential for the future. The prospects for Mortonn are truly promising and offer boundless opportunities.
Stay updated with Mortonn and its developments via the following channels in the linktree.
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