Obligate AG

FQX is a blockchain startup based in Zurich, Switzerland. Their primary offering is the eNote. An eNote is an unconditional promise to pay a specific sum to another party at a specific future date and can be modularly structured to fit any financing purpose. The eNote is based on blockchain technology and can be easily transferred to any third party (i.e. an investor). When compared to other financing tools, eNotes excel through their modularity and global transferability, based on a standardized legal framework. With this, eNotes can improve CeFi and DeFi-lending. Single eNotes are stored as NFTs on a blockchain. By issuing multiple eNotes as SFTs, an issuer can obtain financing in a way comparable to commercial papers