Portals Ivory Index (IVRY)

Portals Ivory Index (IVRY) is a coin introduced by Bridgesplit, a loan marketplace and exchange for NFTs representing emerging asset classes. This coin offers access to liquidity and enables users to become lenders. It allows investors to invest in nascent asset classes secured by decentralized finance’s trust-minimization features. In the event of a default, users can keep the asset, sell it on on-chain exchanges, or liquidate via on-chain liquidation funds.

With the Portals Ivory Index, lenders can offer loans to specific borrowers with configurable durations and loan-to-values. The platform provides customizable loan terms, allowing loans with durations as short as one week and triggering defaults based on custom loan-to-value default thresholds. By leveraging an understanding of blockchain rails, investors can participate in inefficient, diverse credit markets detached from crypto market performance, thus generating differentiated returns.

Furthermore, Portals Ivory Index offers multi-chain support, allowing assets and users to transact across Solana and EVM-compatible chains. The coin also provides benefits such as audited infrastructure, access to crypto-native liquidity, and options for fractionalization and pooling, enabling the creation of pools of assets or fractional assets with ownership represented by tokens. Additionally, the platform provides embedded KYC and AML features for regulatory compliance, transfer controls for specifying asset interactions, and accounting services for automated tax, accounting, and other compliance and financial reporting.