Phlomis Finance teams up with responsAbility to enhance impact investments

On November 30, 2024, in Sweden, Phlomis Finance, a newcomer in digital asset investing technology, announced a strategic collaboration with responsAbility Investments AG, headquartered in Zurich, Switzerland. This partnership aims to empower both individual and institutional investors by expanding the range of responsAbility's private debt and equity products within the rapidly growing real-world asset market. The collaboration is particularly significant because it plans to drive sustainable economic growth while contributing to poverty alleviation in emerging markets. The strong emphasis placed on gender inclusion is aligned with responsAbility's commitment to advancing the United Nations Sustainable Development Goals, especially in areas like financial inclusion and climate finance. One key aspect of this collaboration involves recording all financial and impact reporting events on-chain, which includes transactions such as securitization, primary issuance, and secondary trading. Such an approach aims to offer full transparency and faster settlement processes for investors, utilizing the secure Chromia blockchain for data management. Todd Miller, Managing Director at Phlomis Finance, expressed enthusiasm about working with responsAbility, recognizing its reputation for impact asset management and asset quality. The collaboration combines responsAbility's asset management expertise with Phlomis Finance's advanced technology platform to present a unique set of resilient investment offerings.