Obligate completed a USD 3 million capital increase led by Exponential Science Capital alongside a public crowdfunding campaign on Republic Europe. The Zurich company said the financing brought in more than 150 new investors and followed growing client demand and its achievement of profitability.
Obligate developed infrastructure for issuing and investing in digital securities. It planned to use the proceeds for new yield products, distribution and secondary-market partnerships, and interoperability across networks including Hedera, Canton and Solana.
