Access to private credit has never been broader, but visibility has never been worse. Package behind tokenisation.💗
As private credit scaled, allocators inherited the same opacity: allocations that land as PDF packs, marks that refresh once a quarter, and relationships built on trust that the collateral behind the number is still there. That bargain worked when LPs were large institutions trading visibility for yield. It breaks the moment neo-banks, regional banks, and on-chain capital need to know what they own not what they were told last quarter.💗
SPICE was founded to fix that. We built digital credit from the deal up: originated, structured, and run on infrastructure that records every step and ties capital back to real-world activity with continuous verification, not summarized months later.😮
No wrappers. No proxy instruments. No quarterly archaeology. Just the position, cargo at the port, the lien stepping forward, the invoice paying down, the security changing hands.😍
We run this stack on our own book today, two funds in market across Australia, New Zealand, and South Asia, on the same data, attestation, and risk-transfer layers every institution will need once credit operates digitally.