Raffles Financial Group Ltd (RICH) and CICADA Finance Partner to Launch Raffles Crypto Treasury

Core Viewpoint - Raffles Financial Group Ltd and CICADA Finance are collaborating to launch the Raffles Reserve Treasury (RRT), integrating high-growth cryptocurrencies into trade finance credit facilities for IPO-ready firms [1][2]. Group 1: Collaboration Overview - The partnership merges traditional corporate finance with decentralized finance (DeFi), creating a model for tokenized trade finance [2]. - Raffles Financial's expertise in public listings and compliance complements CICADA Finance's knowledge in tokenomics and decentralized asset management [2][3]. Group 2: Raffles Reserve Treasury (RRT) Details - The RRT will be issued through a special purpose vehicle in Singapore, leveraging the country's digital finance framework [4]. - The RRT aims to serve as a core value carrier, providing governance participation and economic incentives to holders, inspired by strategies from companies like MicroStrategy and Gamestop [5]. Group 3: Financial Mechanisms and Benefits - The Cryptocurrency Treasury (CT) portfolio will include assets like Bitcoin, Ethereum, Ripple, Solana, and Chainlink, acting as collateral for stablecoin issuance and trade finance credit facilities [6]. - This model allows IPO-ready clients to accelerate growth and offers investors value through arrangement fees and pre-IPO share purchase opportunities [6]. Group 4: Leadership Insights - Dr. Charlie In, Chairman of Raffles Financial, emphasized the combination of traditional trade finance rigor with DeFi innovation to secure scalable capital for clients [7]. - Gary Yang, CEO of CICADA Finance, described the RRT as a bridge between institutional finance and decentralized ecosystems, enhancing sustainable crypto-backed trade finance [9]. - Iris Yu from CICADA Finance highlighted the new liquidity framework enabling clients to leverage crypto assets for trade finance while preparing for IPOs [10]. Group 5: Company Backgrounds - Raffles Financial Group Ltd specializes in corporate finance advisory and IPO facilitation, focusing on innovative financing solutions for high-growth companies [11]. - CICADA Finance is an on-chain asset management protocol that combines real-yield assets with ecosystem incentives, aiming to revolutionize emerging bond markets [12].