PrimeRevenue Brings Electronic Time Drafts to Solana Blockchain

News related to:PrimeRevenue · 1 min read

ATLANTA, Oct. 26, 2026 /CourierPR/ -- PrimeRevenue, the global leader in working capital solutions, has taken a significant step into the world of blockchain technology by tokenizing its Electronic Time Draft (ETD) instrument on the Solana platform. This move marks the company’s first foray into bringing traditional trade finance onto the blockchain, aiming to expand access to on-chain capital markets.

PrimeRevenue’s technology already manages ETDs electronically, which are buyer obligations to pay a specified amount at a defined future date. By moving these instruments on-chain with Solana, the company aims to enhance the efficiency and transparency of the financial transactions. Each issuance, transfer, lifecycle event, and maturity settlement will be captured instantly, ensuring zero-friction reconciliation and enabling capital to move at the pace of commerce on a verifiable, shared record.

The initiative is part of PrimeRevenue’s broader strategy to bring a wider range of working capital instruments on-chain, providing new ways to unlock liquidity for corporates and giving its network of funding partners access to a high-quality, short-duration real-world asset class. With unrivaled scale, PrimeRevenue operates a global working capital platform used by 50,000 companies, supported by over 100 funding partners and facilitating more than $300 billion in annual payment transactions.

Solana, a blockchain platform known for its fast, low-cost transactions and growing ecosystem of institutional investors, asset managers, and tokenized asset providers, provides the infrastructure and market connections necessary for PrimeRevenue’s ambitious program. This collaboration aims to distribute ETDs to a broader range of financial institutions and scale to further asset types as the program grows.

This move by PrimeRevenue is part of a broader trend in the financial industry, where traditional institutions are increasingly embracing blockchain technology to enhance their operations and expand their reach. The integration of ETDs on the Solana platform is expected to bring significant benefits, including increased liquidity and transparency, and the potential for new investment opportunities in the working capital space.

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