LiquidX’s thoughts are with everyone who is being impacted by the COVID-19 pandemic, especially those who are sick.
LiquidX is continuing its global operations to assist our corporate clients with their liquidity needs during this time of unprecedented market turbulence. Even with the significant disruption in global credit markets, during the week of March 16th – 20th, LiquidX facilitated transactions of over $500M for our corporate clients across the metals, pharmaceuticals, technology, and manufacturing industries. The ability to transact electronically via the LiquidX platform has enabled these clients to access working capital through a diversified liquidity pool that includes 60+ funders and 5 insurers.
We want to thank all of our global funding partners and insurers for stepping up to provide the liquidity and insurance capacity that is required during this chaotic time.