LuxAG partners with Arqit and Traxpay to finance digital negotiable instruments
ARQQArqit Quantum (ARQQ) Newsfilter·2024-04-03 19:00

LONDON, April 03, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (NASDAQ:ARQQ, ARQQW))) (Arqit), Traxpay GmbH (Traxpay) and Lux Kapitalmarkt Management AG (LuxAG), have entered into a trade and supply chain financing partnership for Lux AG to invest in digital negotiable instruments (DNIs), enabling businesses to use DNIs to get easy access to new pools of working capital. Leveraging Arqit's TradeSecure™ application that generates highly secure DNIs, Traxpay's superior supply chain finance (SCF) technology, an ...