MITHRIL
Capital at the Speed of Cargo
Purpose-bound settlement infrastructure for SME cross-border trade.
Purpose-bound settlement infrastructure for SME cross-border trade.
Commercially sound SMEs have become institutional strangers to structured trade finance. The conventional rail prices trust by stature: balance sheet size, credit ratings, banking relationships. It does not read substance. The result: a US$2.5 trillion trade finance gap; rejection rates converging across firm size at 40 to 41 per cent; an intermediation cost of 5 to 15 per cent in target corridors, reaching 15 to 42 per cent where trading-house intermediation is required.
The infrastructure deficit is structural. Mithril is the architectural response.
Mithril is a settlement protocol that derives trust from the economic reality of the trade: what was shipped, what was received, what was verified. The institutional standing of the parties is incidental.
London brings together English commercial law and the world's deepest cross-border trade-finance ecosystem. Mithril builds where that combination is densest.