Italy’s capital market reached a milestone as Weltix, with UniCredit and BlockInvest, issued the first natively tokenized Italian minibond on a public blockchain. The €5 million bond from E4 Computer Engineering was fully digital, regulator-compliant, and backed by major institutions, highlighting tokenization’s ability to cut costs, boost transparency, and modernize SME financing.
The Italian capital market is marking a historic shift towards digital finance. Weltix, a regulated fintech platform for the management and digitization of private assets, has announced the first issuance of a natively tokenized Italian minibond on a public blockchain, developed in conjunction with UniCredit and BlockInvest.
The transaction, announced in Milan on December 11th, 2025, involved a €5 million minibond issued by E4 Computer Engineering, a leading European company in high-performance computing solutions and AI technologies. The bond was equally subscribed by UniCredit and Cassa Depositi e Prestiti, with a 50% SACE guarantee, confirming the interest of large institutions in innovative and digital debt instruments.
A 100% digital minibond, from inception to management
The core of the operation is the native tokenization of the minibond, registered on the Consob-authorized DLT Registry of Weltix, in compliance with the Fintech Decree. The issuance took place on the Polygon PoS blockchain, thanks to the technological infrastructure developed by BlockInvest, a company specializing in blockchain solutions for financial operators.
In this context, Weltix served as Registry Manager, ensuring full regulatory compliance, digital notarization of transactions, and complete traceability of instruments and documentation.
UniCredit, Italy’s leading arranger in the minibond market with over 250 issues, coordinated the entire structuring and underwriting process, introducing a fully digital SME debt solution to the domestic market for the first time.
The benefits of tokenization for businesses and investors
The model tested in this issuance on Weltix promises concrete benefits for the entire financial ecosystem. Among the main advantages is the creation of digitally native financial instruments with full legal validity, resulting, specifically, from the end-to-end digitalization of minibond issuance and management.
Digitalization, in turn, allows for a reduction in time, administrative costs, and post-issuance complexity, as well as greater transparency, traceability, and immutability of transactions.
Finally, blockchain tokenization enables faster, more secure, and verifiable transfers, thus laying a solid foundation for the development of a more efficient secondary market.
A strong signal for the future of private markets, Weltix said
“Today we are announcing a historic move for the Italian market ” said Antonio Chiarello, Founder & CEO of Weltix. “We are demonstrating that tokenization is not a theoretical exercise, but a concrete tool for making access to capital more efficient for SMEs.”
The collaboration between a systemic bank like UniCredit, a regulated fintech like Weltix, and a specialized technology player like BlockInvest represents a prime example of applied innovation, bringing traditional finance and blockchain technology closer together.
For the crowdfunding and alternative investment ecosystem, this operation on Weltix sends a clear signal: the tokenization of debt instruments is no longer a promise of the future, but an operational reality that can make private markets more accessible, efficient, and transparent, even for Italian SMEs.
__
(Featured image by Shubham Dhage via Unsplash)
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in Crowdfunding buzz. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
