WHERE GOLD MEETS SMART CAPITAL

SigraFi provides secured financing to Micro, Small and Medium-sized Enterprises (MSMEs) producing unrefined gold doré and seeking to scale-up in a global sector that is severely underbanked.  Over $75bn of gold is produced annually (20% of global supply) by an estimated 100,000 of these businesses, with an estimated $6.5bn annual CAPEX requirement to meet demand in this production segment. (McKinsey) 

SigraFi provides:

  • Faster credit decisions

  • Greater structuring flexibility

  • Sector expertise

  • Patient capital with longer tenors

  • Flexible repayment terms 


These features alleviate the short-term repayment pressures typical of bank loans and provide funding models tied to production cycles and offtake contracts.

What we do

SigraFi operates in the significant vacuum created by banks, particularly acute in gold-producing emerging and frontier markets.

Rather than pay interest, the borrower contractually undertakes to sell SigraFi a minimum quantity (kg) of unrefined gold (doré bars), each month for the term of the loan. 

The price for the doré is set at a fixed percentage discount to the LBMA gold spot price. SigraFi refines the gold into 24ct bullion, then sells the gold bullion to its contracted offtake partners, earning the net discount margin on each gold purchase.  

50% of SigraFi’s net profit is invested in gold bullion and vaulted, building a gold bullion treasury.

The gold bullion treasury is used to collateralise SigraFi’s institutional-grade secured loan notes, which are issued onchain.  This debt capital funds further secured lending to SigraFi’s borrowers, increasing SigraFi’s contracted doré supply.

Our business model

Gold-secured loan notes issued onchain

SigraFi is issuing loan notes onchain, accessible 24/7/365 to global investors, secured by its vaulted gold treasury. These instruments will be issued in different sizes, maturities and yields and are structured to provide SigraFi with seamless, reliable liquidity for MSMEs lending.  

Some of SigraFi’s gold-secured investments will offer 100% downside risk protection as part of the security package. Others will target smaller yields and share gold price risk in exchange for sharing the potential gold value upside at loan maturity.  Investors will benefit from automated compliance and term enforcement, as well as institutional-grade security transparency, and the efficiency of cross-border onchain settlement.

SigraFi issues secured loan notes onchain to access a growing global capital base seeking attractive yields, asset diversification, and instant accessibility.  Onchain markets offer transparency, speed, and programmable compliance. 

Debt capital raised onchain provides SigraFi with an efficient, scalable mechanism to raise capital for further secured lending.  It allows SigraFi to offer institutional-grade loan notes to qualifying retail investors who would otherwise be unable to access these investment opportunities.

Over 500m people worldwide now own onchain investments and assets, with this number predicted to increase as digital rails mature. 

Why onchain