SG Digest: Helicap-incubated Helix, EnterpriseSG unveil new initiatives

SG Digest: Helicap-incubated Helix, EnterpriseSG unveil new initiatives

Photo: Bloomberg

Helicap-incubated Helix has partnered with Brazil’s AmFi Finance to link Latin America and Asia, while EnterpriseSG launched three initiatives to boost Singapore’s F&B sector.

Helix, AmFi team up to link Asia capital to Brazil private credit

Helix, a real-world asset tokenisation platform incubated by Singapore’s Helicap, has partnered with Brazil’s AmFi Finance to launch what they say is the first tokenised private-credit initiative linking Latin America and Asia.

The partnership, facilitated by venture firm Onigiri Capital, aims to connect Asian institutional investors with Brazil’s private credit market through compliant, blockchain-enabled infrastructure, the companies stated.

The partners pointed to “Project Aurora,” a report co-authored by AmFi, Saison Capital, Onigiri Capital, Coruja Capital and law firm Pinheiro Neto, which estimates Brazil’s private-credit opportunity at about $2 trillion.

The study says tokenising receivables and structured loans can cut issuance and distribution costs by up to 38%, improve transparency via real-time auditability, and enable fractional ownership. AmFi is supervised by Brazil’s securities regulator CVM.

“By combining Helix’s institutional reach across Asia with AmFi’s proven structuring expertise and track record exceeding $300 million, we are creating institutional-grade access to one of the world’s highest real-yield markets—safely, transparently, and on-chain,” said AmFi Finance CEO Paulo David.

EnterpriseSG launches projects to digitalise, streamline F&B sector

Enterprise Singapore (EnterpriseSG) has unveiled three initiatives to help food and beverage (F&B) firms adopt technology, optimise operations, and outsource food preparation, aiming to support more than 1,000 companies over the next two years.

Two are new programmes. The F&B Process Optimisation Programme will help outlets redesign layouts and workflows, adopt technology, and apply menu engineering, with up to 50% grant support for firms less familiar with tools such as artificial intelligence and other industry solutions.

The FoodX programme will co-fund up to 50% of eligible costs for outsourcing pre-preparation to established manufacturers, following a 2024 pilot that helped nearly 200 outlets cut manpower-heavy kitchen work.

The third initiative is a partnership between EnterpriseSG and United Overseas Bank to provide advisory on selecting digital and AI-enabled tools, offer a curated suite of solutions at preferential rates, and run joint seminars and workshops to spur adoption.

Edited by: Joymitra Rai

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