NFT Limited Launches $500M Supply-Chain Finance Service for 1.2 GW Solar Projects
NFT Limited has launched a $500 million supply-chain finance service for U.S. renewable projects, enabling its Takung Exchange subsidiary to underwrite up to 1.2 GW of solar modules at $0.15 per watt. The asset-backed model offers procurement financing and payment services, generating revenue from interest and service fees to diversify cash flows.
1. Service Launch Details
NFT Limited has introduced a supply-chain finance service valued at $500 million aimed at U.S. renewable energy projects, focusing on gigawatt-scale solar and battery-energy-storage deployments.
2. Financing Agreement with Solarlink
Under a framework agreement with Solarlink Group, the Takung Exchange subsidiary will finance procurement of up to 1.2 GW of solar modules at $0.15 per watt annually, with specific project drawdowns documented under separate supplemental schedules.
3. Revenue and Business Impact
The asset-backed, transaction-driven model will generate revenue from interest income and service fees, diversifying the company's cash-flow streams beyond its digital art trading platform and prospective NFT gaming business.
4. Technology and Risk Controls
The service leverages proprietary systems for procurement workflows, payment execution and risk controls to support supplier payments and project financing, enhancing cash-flow visibility and infrastructure financing capabilities.