This collaboration connects Huma's stablecoin liquidity network with institutional trade finance, unlocking sustainable yield opportunities for decentralised finance (DeFi) users worldwide
Abu Dhabi, Dec 12th, 2025, 9AM GST – Huma Finance, the first payments finance (PayFi) network focused on accelerating global money movement, today announced at Solana Breakpoint, a strategic partnership with Obligate & TradeFlow to expand access to trade finance liquidity.
The collaboration will enable innovative trade finance players to tap into a clear value chain: Huma's stablecoin liquidity network, Obligates' compliant issuance infrastructure, and TradeFlow serves as the asset issuer, having generated predictable, uncorrelated yield for over eight years.
Growing demand for compliant, on-chain institutional yield from real-world assets drives this initiative. Managing trade flows across 25+ markets, TradeFlow turns commodities trade finance into investment-grade real-world assets. Building on TradeFlow’s successful track record of issuing USDC-denominated eNotes™ via Obligate, Huma will provide scalable stablecoin liquidity to this proven ecosystem.
“Since Huma's inception in 2022, the network has grown to more than 100,000 liquidity providers looking for institutional-grade yield opportunities that are uncorrelated to crypto markets,” said Erbil Karaman, Co-Founder and Co-CEO at Huma Finance. “Commodity trade represents around 25% of world trade, $4.5 trillion per year. Partnering with Obligate and TradeFlow enables Huma to provide stablecoin liquidity to this ecosystem in a scalable and compliant way.”
This development establishes a clear value chain: Huma provides the USDC liquidity, Obligate provides the compliant issuance infrastructure, and TradeFlow serves as the asset issuer.
To enable this opportunity, Obligate has upgraded its platform with a new yield-accruing product offering (eTrackers), enhancing compatibility with onchain platforms like Huma. Through this integration, Huma and Obligate will bring scalable and sustainable yield products to a broader base of DeFi users, asset managers, and enterprises.
“Huma’s vision aligns seamlessly with Obligate’s mission to redefine access to trusted, compliant onchain financial instruments,” said Matthias Wyss, CEO at Obligate. “Together, we’re not only enhancing transparency and efficiency in capital markets, but also realizing a shared commitment to empower global investors and accelerate the next era of institutional-grade DeFi.”
“We are delighted to welcome Huma into the Obligate ecosystem. TradeFlow has enjoyed a strong and positive experience issuing real-world, asset-backed deals through Obligate since 2023, and this collaboration further strengthens the onchain pathway for delivering stable, transparent yield from our global real-world asset trade flows. The combination of Huma’s innovative framework and Obligate’s institutional-grade infrastructure aligns seamlessly with our mission to bring real-world economy returns to a wider investor audience,” explained Dr Tom James, Co-Founder, CEO & CIO of TradeFlow
The partnership underscores Huma’s commitment to building a robust, compliant, and accessible DeFi infrastructure for real-world yield. By integrating Obligate’s issuance platform, Huma expands its offering of onchain yield products, enabling institutions, fintechs, and decentralized protocols to generate sustainable, asset-backed returns.
About Huma Finance: Huma Finance is the first PayFi network, accelerating global payments with instant access to stablecoin liquidity. Processing more than $8 billion in transactions, Huma’s network is transforming how money moves globally. Learn more at huma.finance.
About Obligate: Obligate provides blockchain infrastructure for the compliant issuance, settlement, and lifecycle management of digital assets. Through its platform, Obligate enables the onchain issuance of legally enforceable securities, offering a seamless bridge between traditional capital markets and decentralized finance. The company’s integrated marketplace enables access for investors into institutional-grade digital solutions directly, while supporting partners across distribution, listing, and custody.
About Tradeflow: TradeFlow Capital is a digital-native trade investment firm transforming global cross-border commodity flows into token-ready, investment-grade real-world assets. Using a proprietary, non-lending model that takes physical ownership of bulk commodities, TradeFlow has been generating predictable, uncorrelated yield for over eight years. Already managing trade flows across 25+ markets — with an investment-grade rating on its senior notes, capital-protection insurance wrappers, and blockchain-enabled transparency through its fintech ecosystem — TradeFlow delivers real-economy yield that is institutionally trusted and onchain compatible. TradeFlow is redefining how trade finance is accessed, distributed, and risk-managed in a digital world.