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Supply@ME Capital plc (or SYME), the innovative Italian fintech platform listed on the London Stock Exchange and founded by Alessandro Zamboni , which specializes in inventory demobilization for manufacturing and trading companies, has completed its first official Inventory Monetisation transaction. At the moment it is not yet possible to know the name of the company involved(see press release here).

What is known is that the transaction, with a total value of about 1.6 million euros, involved an Italian company active in the design and manufacture of industrial and special vehicles, electronic systems, electrical wiring harnesses and components for various sectors. The client company is active in Europe (particularly Italy), Africa and the United States.

This first Inventory Monetisation deal comes following the strategic alliance signed last June with VeChain Foundation, a leading provider of blockchain-based supply chain and sustainability-related services (see other BeBeez article). The agreement allowed it to kick off the first securitization of surplus stored in inventory and is aimed at launching a Web3 stream with the intention of funding up to $10 million of Inventory Monetisation transactions, based on non-fungible tokens (NFTs) underwritten directly by VeChain.

The agreement, in detail, involves two phases. The first, which is the one that has just been concluded, consists of a first actual transaction involving precisely an Italian company selected by Supply@ME within its client portfolio, with VeChain also acting as investor. Of the initial $10 million made available by the deal, as mentioned above, òthe equivalent of €1.6 million was immediately allocated to finance the stock of the first selected Italian customer, while the remaining amount of capital will be used during the second phase, for additional customer companies, including the current UK portfolio.

In detail, the second phase of work will aim to implement a full-fledged Inventory Monetization 3.0 Platform, which will include the issuance of NFTs for the development of innovative marketplaces focused on B2B inventory sales, exploration of decentralized finance with ad hoc partnerships, and, in general, a dedicated governance protocol. For this phase, inventory monetization operations are also expected to be financed by additional liquidity providers (cryptocurrency managers and direct investors through liquidity pool partnerships).

The Inventory Monetisation operation involved one of the companies dedicated to inventory trading belonging to the Alternative Investment Fund promoted by Supply@ME.

In this regard, it is worth mentioning that Supply@ME in 2021 acquired TradeFlow Capital Management, a Singapore-based asset manager with assets already two funds focused on "in-transit" Inventory Monetisation transactions. The reason for the acquisition had been not only the extension of "end-to-end" monetization services (from "ship" to "warehouse") but also that

Looking forward to end of month Interims.
Ell , I feel the same . If I'd have bought in today I'd be sitting on 250,000,000 . Instead I've just topped up with another 1.5 mill, now on appx 65 mill.
ATB LTH

@ Tom2020 , I see where you are coming from.
I personally believe that Elllltelinv has the shares she says as she has been accumulating as I have.
FYI my holdings currently sit around 60 + Million. and I've not lost a penny as I haven't sold a single one.
GLA LTH.

Good morning ALTH, @ TOM2020 I think I've missed some info. What's happening in 2 weeks ?
GLA LTH.

Cheers Lifesab, I'm in for the long haul as I believe this is a Golden opportunity.
Looking forward to dinner here tonight. :))

Thanks keithie1, 1st hol in 8 yrs.
Scorching! 37° managed 4.5 knts under sail.
Just alongside in Big Vathi, Ithaka.
?? o'clock.
GLA LTH

Thanks Elllltelinv , I'm happy with my holding .
I'm relaxed too, currently sailing around Greek Islands ?? on holiday .
GLA LTH

Supply@Me said it is working on "multiple further inventory funding streams" to deploy further IM transactions, using traditional funding streams.

GLA LTH

@ ELLL, I keep trying to catch up and you keep leaping ahead !
FYI , I'm around appx 55 - 60 M . :))

I've not 'LOST' any money , as if not sold any shares yet.
But I have increased my holdings considerably. ; )
GLA LTH

WORLDS FIRST.!
DOH !

Well done all long term holders here.
For sure it was a long and frustrating hold until THE WOLDS FIRST I.M. AND TRUE SALE. But we have all now been vindicated and I'm in a much more happy place.
I'm still increasing my holding as and when money permits and have now exercised all of my warrants ( appx 1.5 million )
GLA LTH

@ MRRR , I do remember that . If my memory is correct it was pre - SYME . When AZ had this offer and point blank rejected it.
GLA LTH

@dick.U.
I'm exercising ALL of my warrants, everyone is a GOLDEN ticket to LTH'S.
GLA LTH

Well Mr BB, it could have something to do with the last 24 months of 24/7 negative posts by some of the non invested .
JUST SAYIN !
GLA LTH

@ DJENKS, there is a ruling / reason but I don't know exactly what it is.
Hopefully we can do a bed and isa as soon as we " buy " the warrants.
I have now decided to do this ASAP rather than holding on to them for a couple of years.
GLA LTH

Just checked my Halifax isa account and had a terrible shock ! All of my warrants have disappeared ! .
Checked my other accounts and they have " appeared " in my normal share trading account.
Had me worried for a minute.
GLA LTH

13 X 4 million
8 X 5 million
2 X 10 million
1 X 16 million
SOMEONE Knows SOMETHING !
GLA LTH

Anyone else got the feeling i's are being dotted and t's are being crossed prior to an announcement ?
GLA LTH

Nicola Occhinegro (pictured), CEO & founder of Finanza.tech, comments: “We are proud to have entered into this partnership. Above all because Supply @ ME allows us to provide a service that perfectly integrates those we already offer. A commercial and non-financial operation, little known by Italian companies, which combines liquidity needs without resorting to financial leverage and without weighing down the NFP ".
Supply @ ME Capital plc (SYME) is a fintech platform that provides an Inventory Monetization service: it allows companies to create cash flows without generating debt by monetizing their existing stocks. Before a company has found an end customer for its products, the Supply @ ME platform allows it to sell its stocks, immediately receive liquidity to optimize its working capital. Its Inventory Monetisation service therefore enables companies to rapidly improve their net financial position.

"We are very happy to announce the partnership with Finanza.tech - declares Caterina Mazzucco, business developer of Supply @ ME Capital plc - our realities, both dedicated to providing concrete help to companies that fully deserve to use alternative support tools of their management and planning in the supply chains to which they belong, they are able to combine perfectly to make this service efficient and effective also in Italy ".