The idea of Shipfinex sprung-up in the mind of our CEO, Mr. Sunil Arora, back in 2017. Contemplating to find a cure to the deep-rooted problems that exist in Shipping Finance and how blockchain can be the underlying technology to address this long-standing traditionally operated massive industry. This led to initiation of Shipfinex 1.0 which based its concept on offering Fractional Ownership of Marine Assets with the help of a stablecoin cryptocurrency. The adoption of blockchain based applications was rather subjective at that point of time, which pushed Shipfinex into its R&D phase for almost three years. Overlooking the maturity of blockchain as an infrastructure technology and global acceptance of its use-cases to solve traditional systems, Shipfinex was finally launched as a reiterated version, in July 2022, encompassing more product categories under the same umbrella to advance Shipping Finance and Maritime economy by opening it up for retail investment. What we set out to do is to create an extensive platform that tokenise Marine assets into digital assets [security tokens] and offer them at an exchange platform for anyone to own a part of these real-world assets.

ShipFinex

Digitising a trillion-dollar maritime economy

Digitising a trillion-dollar maritime economy