GUUD Pte. Ltd. and Intraco Limited announced their strategic partnership to launch the first trade token ("TradeTok") on SDAX Exchange Pte. Ltd.'s ("SDAX") multi-asset, private markets investment platform, which is regulated by the Monetary Authority of Singapore.

The TradeTok are issued to accredited investors on SDAX and the proceeds raised are deployed to fund trade finance and supply chain assets. The partnership capitalizes on the strengths of GUUD for its innovative trade financing solutions and Intraco, recognized for its tokenization, trade and distribution knowledge. By combining the expertise and reach of both companies, the partnership aims to revolutionize the way trade finance and supply chain assets are funded and managed, address trade financing gaps and drive efficiency in global supply chain operations.

GUUD's asset-backed financing ("ABF") is an innovative solution that facilitates risk mitigation within the supply chain, playing a vital role in supporting businesses' financial stability and growth. With its extensive expertise, global network and digital capabilities, GUUD's RYTE ABF business is centered on the wholesale trade of renewable energy and biofuels like ethanol. Leveraging advanced e-logistics digital platforms and technologies integrated with Internet of Things tracking capabilities, businesses can seamlessly secure financing with their assets, manage and monitor their assets, and improve their working capital to scale up their businesses.

Through this collaboration, Intraco will facilitate the tokenization of GUUD's supply chain financed assets and leverage SDAX's platform with its extensive distribution capabilities. SDAX's network of international distribution partners will bring new liquidity pools to augment GUUD's supply chain financing model.