ZIG Finance Launches Saudi SME Credit Vault, Targeting $100 Million in Fundraising

On November 11, according to The Block, ZIG Finance partnered with Nomura’s digital asset subsidiary Laser Digital to launch the on-chain investment product zEMS Vault, targeting $100 million in capital to invest in private credit for Saudi small and medium-sized enterprises.

The vault enables qualified institutional investors to participate in a portfolio of Saudi SME loans originated by Beehive’s lending infrastructure. Investors may subscribe and redeem using stablecoins, with KAIO responsible for tokenization and vault management on the BNB Chain, and Zamanat overseeing investment structuring and providing Shariah advisory.

Laser Digital will serve as a risk framework advisor, assisting in designing risk governance structures and providing tokenization consulting. Both parties plan to apply this model to other emerging markets and credit strategies.