GoBankless facilitates global money movement by integrating traditional cash transactions with modern stablecoin transfers. The platform enables users to send and receive funds internationally using digital assets for efficient cross-border settlement. This service provides a streamlined solution for accessing and utilizing digital currency for everyday financial needs.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional investment vehicles offer limited direct exposure to the economic growth of emerging markets like BRICS nations. This gap prevents investors from capitalizing on significant growth opportunities and hedging against geopolitical economic shifts.
Solution
GoBankless tokenizes Collateralized Debt Obligations (CDOs) into memecoins, providing investors with direct exposure to BRICS economic expansion. The platform aggregates AAA-rated bank loans extended to BRICS exporters, utilizing AI for optimization. The safest tranche of these optimized loans is then minted as the $BRICS token, offering leveraged exposure to BRICS growth and passive yield generation through smart contract execution. This approach aims to democratize access to emerging market trade finance.
Target Audience
The primary target audience includes investors seeking direct exposure to BRICS economic growth and yield generation, as well as those looking to hedge against geopolitical economic shifts.
Features
- Tokenization of CDOs into memecoins for direct exposure to BRICS economic growth.
- AI-driven optimization of pooled AAA-rated bank loans to BRICS exporters.
- Minting of the Super Senior tranche of optimized loans as the $BRICS token.
- Smart contract-based passive yield generation through monthly cash premiums.
- Facilitation of USD liquidity by leveraging BRICS banks' expanded credit issuance.
- Backing by real trade finance, with past facilitation of $15M for exporters including Nike and Coke.
- Partnership with licensed and federally insured financial providers like First National Bank, Old Mutual, and NASASA for structuring, insurance, and risk hedging.