RWA (Real World Assets) on the blockchain

• BlockInvest create a token (the minibond) on Polygon for E4
• Unicredit paid 2.5m and gets half
• CDP paid 2.5m and gets the other half
• E4 has 6 years to repay (1st year grace period)
• SACE guarantees they will cover 2.5m if E4 fail to repay

Who's Involved

• E4: A tech company that builds supercomputers and AI systems
  
• UniCredit: Bank that helped set this up and bought half the Tokenized MiniBond
  
• CDP: Italy's state investment bank that bought the other half
  
• SACE: A government-backed organization that guaranteed 50% of the bond (like insurance in case E4 can't pay back)
  
• BlockInvest - Technology platform provider.
  
• Weltix - served as the registry manager for the transaction.

What Makes This Special This is Italy's first minibond that's been "tokenized on a public blockchain." In plain English: instead of signing physical papers and keeping records in filing cabinets or private databases, everything is recorded digitally on a public blockchain (like a super-secure digital ledger that anyone can verify but no one can tamper with).
Why Should You Care? The innovation here is that blockchain technology could make it easier, faster, and cheaper for small and medium businesses to borrow money in the future. Right now it's experimental, but if it works well, it could become a new normal way for companies to get funding without all the paperwork and bureaucracy. REF:
Unicredit Press Release Dec 2025