What TradeFinex does

TradeFinex Tech Ltd is a private, ADGM-registered (Abu Dhabi Global Markets) trade finance distribution platform built on the XDC Network hybrid blockchain protocol. It operates an ISO20022-compliant, non-custodial protocol that enables enterprises, governments, fintechs, and financial institutions to digitize, tokenize, and settle trade finance instruments — including letters of credit, invoices, bonds, warehouse receipts, and electronic bills of lading — through standardized smart contracts. The platform's product surface spans the core TradeFinex protocol, the InFactor invoice-factoring module, BOSS 101 for bond issuance, RWA Yield Pool Listing, Fund My Design for IP financing, and XDC Subnet technology for private blockchain deployments. It is embedded within the Contour Network, the bank-led LC digitization consortium that includes MUFG, ICBC, Bank of China, and DBS.

The company monetizes through a transaction-based fee model: USD 10 per tokenization document and a 0.5% success fee on completed transactions, all payable in XDC token. TradeFinex retains 25% of partner-generated fees while 75% flows to origination and distribution partners. Funder access requires masternode setup, involving a 10M XDC token stake. The go-to-market is API-first, targeting B2B participants globally through white-label deployments, whitepaper partnerships, and consortium membership, with regulatory whitelisting across ADGM, Qatar, Japan, Singapore, and Hong Kong.

TradeFinex is in an early operational stage, with its Terms and Conditions describing it as in Alpha phase for pilots and POCs. Named customers are predominantly pilot engagements (Irinse Foundation, Zoth, InvoiceMate, SBI XDC Network APAC). Revenue, headcount, and funding history are not publicly disclosed. The company was founded in 2017 by the XinFin team and led by co-founder Atul Khekade, with Atul Khekade focused on ecosystem development and technology. Its operational footprint spans Singapore (regional HQ and dispute resolution via SIAC), Abu Dhabi (legal HQ within ADGM), and pilot activity across India, Latin America, the Philippines, and broader MENA and APAC markets.

Name

TradeFinex

Legal name

TradeFinex Tech Ltd

Website

https://tradefinex.org

Company type

Private

Founded year

2017

Operating status

Operating

Short description

TradeFinex Tech Ltd is an ADGM-registered blockchain trade finance platform that tokenizes letters of credit, invoices, bonds, and other trade instruments on the XDC Network for enterprises, governments, and financial institutions globally.

Ownership category

akta.pro rank

Product category

Blockchain Trade Finance Platform

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Trade Finance & Receivables Tokenization (FSADAEAG)

akta.pro secondary industries

Trade Finance & Supply Chain Finance Platforms (FSAGAJAL), Trade & Invoice Payments (Cross-Border B2B) (FSAMAIAL), Cross-Border & FX Payments Platforms (BPAMAFAK)

Keywords

• Trade finance platform
• Blockchain tokenization
• Invoice factoring
• Real-world assets
• Smart contracts

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Tokenization Fees: Fees charged for digitizing documents and converting trade finance instruments into blockchain tokens. Applies to borrowers tokenizing documents for platform listing.
2. Transaction Success Fees: 0.5% success fee charged on completed transactions through the platform. Revenue accrues when trade finance deals successfully close and settle.
3. Partner Revenue Share: TradeFinex retains 25% of total fees while origination and distribution partners receive 75%. This applies to partner-generated transaction volumes across the platform.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

TradeFinex is an ISO20022-compliant non-custodial protocol that enables peer-to-peer trade and project financing on the XDC Network hybrid blockchain. It tokenizes trade finance instruments (invoices, bonds, letters of credit, warehouse receipts) into digital real-world assets and connects beneficiaries, suppliers, and financiers directly, bypassing traditional banking intermediaries. The platform offers APIs, white-label solutions, and consortium-based governance for B2B adoption.

Product overview

TradeFinex is a unified trade finance distribution platform powered by XDC Network blockchain. The core offering consists of the TradeFinex Platform (ISO20022-compliant non-custodial protocol for trade finance), complemented by specialized sub-products including Invoice Digitization (InFactor) for invoice factoring, BOSS 101 for bond instruments, RWA Yield Pool Listing for real-world asset tokenization, Fund My Design for design financing, and XDC Subnet for creating private blockchain networks. The platform also integrates with Contour Network for Letter of Credit services and offers Electronic Bill of Lading capabilities, all built on smart contract technology enabling automated, transparent trade finance workflows.

Differentiator

Problem solved

Functional benefit

Brands

• InFactor: Invoice factoring platform that digitizes and tokenizes invoices on the XDC blockchain for working capital management
• BOSS 101
• TradeFinex Consortium

Products and services

• TradeFinex Platform An ISO20022-compliant non-custodial protocol for trade finance distribution that leverages standardized smart contracts on the XDC Network blockchain to connect global participants for contracting, financing, payments, and settlements without banking intermediaries.
• InFactor (Invoice Digitization) Blockchain-based invoice factoring platform built on the ISO 20022 standard that converts unpaid invoices into liquid, interoperable digital instruments with automated repayment and settlement via smart contracts. It enables working capital management and integration with QuickBooks.
• BOSS 101 (Bond Platform) Blockchain-powered platform for creating, managing, and liquidating corporate bond instruments with KYC/AML compliance, organization profiles, and digital bond deployment on the XDC Network, accessible via WalletConnect.
• RWA Yield Pool Listing Gateway for real-world asset yield aggregation and listing on the TradeFinex portal, enabling institutions and accredited members to establish their own yield pools powered by XDC Network and open smart contract standards.
• Fund My Design Platform for digitizing design documentation and distributing funding requests to a peer-to-peer blockchain network, enabling designers to tokenize product designs and connect with financiers globally.
• Letter of Credit (LC) Digitization Enables buyers, sellers, and financial institutions to streamline Letter of Credit processes and exchange trade documents through standardized digital workflows as part of the Contour Network ecosystem.
• Electronic Bill of Lading (eBoL) Smart contract standards for Electronic Bill of Lading that enhance global trade transparency, efficiency, and security through MLETR and the XDC Network.
• XDC Subnet Secure, scalable, and decentralized private network technology within the XDC Ecosystem enabling private subnets, dApp deployment, customizable blockchain networks, and cross-chain transactions for businesses requiring data secrecy.
• Hybrid Distributed Ledger Solution (White-Label) Fully digital access to origination, distribution, custody, and settlement of trade finance assets powered by XDC Protocol, offered as a white-label solution for trade finance businesses.

Quantifiable outcome

• Reduce infrastructure financing gap of $1 Trillion annually through global capital mobilization
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature5 records

Partnerships

16 partnerships are on record, tiered core, key and supporting.

• USDC (Circle)coreTechnology or IntegrationCircle USDC stablecoin integration enabling regulated stablecoin usage for digital trade finance workflows. USDC is pegged 1:1 with USD and aligned with U.S. regulatory standards. TradeFinex supports USDC minting on XDC chain via Circle Mint for instant global settlement.
• Contour NetworkcoreStrategic or Co-development PartnerPart of Contour Network, the world's largest bank-led Letter of Credit digitization platform including MUFG, ICBC, Bank of China, DBS. Enables buyers, sellers, and financial institutions to streamline LC processes through standardized digital workflows.
• BitGocoreTechnology or IntegrationCustody and digital asset security integration partner providing institutional-grade wallet infrastructure for secure storage and management of tokenized trade finance assets on the platform.
• FireblockscoreTechnology or IntegrationEnterprise-grade digital asset payment and custody platform integration enabling secure transfer and settlement of trade finance instruments across the XDC Network.
• AnchoragecoreTechnology or IntegrationDigital asset custodian providing regulated, secure infrastructure for institutional holding and management of tokenized assets on TradeFinex platform.
• Singapore Trade Trust NetworkkeyStrategic or Co-development PartnerStrategic partnership with Singapore's government-backed trade trust infrastructure enabling cross-border trade finance digitization and interoperability with national systems.
• ITFA (International Trade and Forfaiting Association)keyStrategic or Co-development PartnerMembership in ITFA fintech community supporting standardization of trade finance instruments and collaboration with global trade finance practitioners.
• SBI HoldingskeyStrategic or Co-development PartnerJapanese financial services company developing blockchain initiatives for trade finance. Partnership for XDC Network APAC expansion and export procedure streamlining.
• R3 CordasupportingTechnology or IntegrationIntegration with R3 Corda enterprise blockchain platform for interoperability and cross-platform trade finance instrument support.
• Copper.cosupportingTechnology or IntegrationDigital asset custody and exchange integration providing secure infrastructure for institutional investors and financiers on the platform.
• Abu Dhabi Global Market (ADGM)coreStrategic or Co-development PartnerRegulatory sandbox partnership enabling live-testing of TradeFinex across MENA region. TradeFinex Tech Ltd operates as an ADGM entity under their regulatory oversight.
• OMFIF (Official Monetary and Financial Institutions Forum)supportingGTM or Marketing PartnerPartnership with global central banking think tank for thought leadership, research collaboration, and engagement with institutional investors and central banks.
• XDC NetworkcoreTechnology or IntegrationUnderlying blockchain protocol powering TradeFinex. XDC (XinFin Digital Contract) is the native token enabling instant global settlement and counterparty risk mitigation for trade finance.
• DocuTradesupportingTechnology or IntegrationDocument verification and trade document management integration for standardizing and securing trade finance documentation on the platform.
• PropinesupportingTechnology or IntegrationDigital asset custody service provider enabling regulated tokenized asset management for institutional participants on TradeFinex.
• InvoicematesupportingChannel Partner/ Reseller/ DistributorChannel partner utilizing TradeFinex Open Web3 Standard for private credit pilots and supply chain financing solutions.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• R3 Corda: Enterprise blockchain platform whose Corda distributed ledger underlies multiple trade finance applications including Marco Polo and TradeFinex's own integrations. Broader incumbent with trade finance as one of many verticals; TradeFinex uses Corda as one of several interoperability targets.

Emerging players

• Centrifuge: Decentralized asset financing protocol that tokenizes real-world assets (invoices, real estate, royalties) for on-chain financing. Highly comparable to TradeFinex in RWA tokenization for trade and working capital finance, though operates on Ethereum/Polkadot rather than XDC.

Direct peers

• Marco Polo Network: Trade finance platform built on R3 Corda, backed by a consortium of major banks including BNP Paribas, HSBC, ING, and Standard Chartered. Direct peer to TradeFinex in offering blockchain-based trade finance instruments (payable financing, receivable financing) to banks and corporates.
• we.trade: Blockchain platform for SMEs and corporates offering digitized trade finance and payment instruments, originated by a consortium of European banks (Santander, HSBC, Deutsche Bank, Natixis, UniCredit, KBC). Direct competitor in the consortium-led trade finance blockchain space, though focused more on intra-European SME flows.
• Komgo: Blockchain-based trade and commodities finance platform supported by major banks and trading houses (ING, Société Générale, Citi, MUFG, Shell, BP). Directly comparable to TradeFinex in digitizing letters of credit, KYC, and trade finance documents for institutional clients.
• Contour Network: Bank-led Letter of Credit digitization platform built by major global banks (MUFG, ICBC, Bank of China, DBS, HSBC). TradeFinex is itself part of the Contour ecosystem, so they are direct peers in LC tokenization while also partners. Highly comparable in serving trade finance institutions with digital LC workflows.
• TradeIX (Marco Polo): Originally an independent trade finance blockchain platform that merged into the Marco Polo Network. Provided comparable smart contract-based trade finance products for banks and corporates; useful proxy for TradeFinex's underlying technology and go-to-market approach.

Others

• Circle (USDC): Issuer of USDC, the regulated stablecoin integrated into TradeFinex for settlement on XDC. Not a competitor but a critical infrastructure and partner; USDC settlement enables TradeFinex to serve regulated institutional clients. Comparable as a digital asset infrastructure provider in the same ecosystem.
• BitGo: Institutional digital asset custody provider integrated with TradeFinex for secure storage of tokenized trade finance assets. Comparable as a B2B digital asset infrastructure player; serves similar institutional clients in the tokenization ecosystem.
• Fireblocks: Enterprise-grade digital asset custody and payment infrastructure provider integrated with TradeFinex for transfer and settlement of tokenized assets. Comparable as adjacent infrastructure enabling institutional participation in tokenized trade finance.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCk882BcN31bSEJ5MmVQfMbw
• Xx.com/TradeFinex

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TradeFinex