In this episode of the FinTech Times News and Views podcast, Mark Walker interviews Rico van de Veen, co-founder and CEO of Semi Liquid, at Abu Dhabi Finance Week. They discuss the launch of the Programmable Credit Protocol, its impact on digital asset lending, and the advantages of operating in Abu Dhabi's regulatory environment.
Takeaways:
- Programmable Credit Protocol allows bilateral credit without moving collateral.
- The protocol solves counterparty risk and scales bilateral lending.
- Tokenization makes assets more mobile and instantly settled.
- Abu Dhabi offers a collaborative regulatory environment.
- ADGM is risk-averse but pro-innovation.
- Assets remain within regulated environments in Abu Dhabi.
- The Middle East fosters integration potential for custodians.
- ADGM stands out with a robust regulatory framework.
- Semi Liquid aims to be fully live by March next year.
- The goal is to be the new rail for institutional credit.
Sound bites:
- "Bilateral credit without moving collateral."
- "Solves counterparty risk for both parties."
- "Assets are mobile now, settled instantly."
- "Abu Dhabi offers a collaborative environment."
- "ADGM is risk-averse but pro-innovation."
- "Assets stay within regulated environments."
- "Middle East fosters integration potential."
- "ADGM stands out with robust framework."
- "Fully live by March next year."
- "New rail for institutional credit."
Chapters:
- 00:00:00 Introduction to FinTech Times
- 00:00:00 Introduction of Rico van de Veen
- 00:00:00 Launch of Programmable Credit Protocol
- 00:00:00 Advantages of Abu Dhabi's Regulatory Environment
- 00:00:00 Future Plans and Integration
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