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News

December 26, 2024

BLG International Secures $505 Million SKR Assignment, Redefining the Landscape of Global Trade Finance

In a groundbreaking move that has captured global attention, BLG International Trade Finance LLC has secured exclusive custodial rights to a $505 million Safekeeping Receipt (SKR) — a strategic acquisition that is poised to reshape the asset-backed finance industry. This monumental asset, representing a high-value collection of United States Minted Uncirculated Coins, is authenticated by GFA Authenticators and safeguarded under the renowned Global Trust Depository.

Industry leaders are hailing the transaction as a transformative development. BLG’s custodial rights to this multi-million-dollar SKR solidify its position as a major player in asset-backed financing, marking a significant milestone in the company's ongoing mission to drive innovative financial solutions and large-scale international investments.

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