This article examines the potential application of secured Digital Financial Assets (DFAs) as a financing instrument for medium-sized enterprises secured by working capital, including accounts receivable and inventories. A comparative analysis is conducted between this instrument and traditional financing sources, such as bank lending and corporate bond issuance. The study proposes a model for issuing secured hybrid DFAs involving both retail and institutional investors, aimed at expanding enterprises access to capital. The potential market capacity of this new segment is estimated, and its key advantages for issuers, banks, and investors are identified. In addition, issuer eligibility criteria and risk mitigation mechanisms are developed to ensure the sustainability and investment attractiveness of the proposed instrument.
digital financial assets, medium-sized businesses, working capital, collateral financing, investment
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