T-RIZE Structures $500M Private Credit Bond on Canton
Institutional tokenization platform T-RIZE Group announced it is structuring a private credit digital bond program valued at up to $500 million for program manager Horizon Group. The bonds will be issued on the Canton Network through Kairos Litigation Limited, a UK-based bankruptcy-remote special purpose vehicle (SPV).
The program will launch with an initial $50 million tranche available to eligible investors in the United States and Europe. This first issuance is backed by a granular portfolio of UK litigation-finance receivables, a private credit segment not typically found in digital capital markets. T-RIZE’s role encompasses the entire lifecycle, from tokenization design and governance logic to on-chain instrument creation and administration.
A-Rated Reinsurance Backs Capital Protection Layer
To meet institutional risk standards, the digital bond is built with multiple layers of protection. The issuance structure uses a bankruptcy-remote SPV to isolate assets, while a performance-bond framework supported by A-rated international reinsurers provides a robust capital-protection layer. This architecture is designed to strengthen capital safety and improve cash-flow predictability compared to direct exposure to the underlying assets.
This programme reflects the level of structuring, control and technical integration required for institutional private credit to operate effectively in digital markets.
— Madani Boukalba, Founder and CEO of T-RIZE Group.
T-RIZE is also providing the digital operating layer on the Canton Network, using multi-party computation and multi-signature approvals to govern critical actions and reduce single-point failure risks. This setup reinforces institutional operating standards for the tokenized instruments.
Deal Validates Canton Network as Institutional Hub
The issuance solidifies Canton Network's position as a premier blockchain for institutional finance. T-RIZE is a Premier Member of the Canton Foundation and an early validator on the network, which already facilitates $300 billion to $400 billion in daily on-chain US Treasury repo volume via Broadridge's platform. The network's growing ecosystem includes major financial players like BNP Paribas and HSBC, which joined the Canton Foundation to advance RWA tokenization. This transaction positions T-RIZE as a key partner for institutions looking to bring complex assets into a governed, interoperable digital framework.