The bond tokenization platform of Crédit Agricole Italia, plans to tokenize two different groups of non-performing loans (NPLs). It is working with asset-backed securities (ABS) company Centotrenta Servicing to issue tokenized securities supported by non-performing loans. In addition, it is also working with a small bank, Davis & Morgan, to tokenize non-performing mortgage loans. Both sets of tokens will be issued on the Polygon public blockchain.
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Crédit Agricole Tokenization Platform Plans to Tokenize Two Different Groups of Non-Performing Loans (NPLs)
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