PrimeRevenue announces Electronic Time Drafts on Solana
On 26 October, PrimeRevenue announced plans to tokenize Electronic Time Drafts on Solana. The release gives no start date. It cites 50,000 companies, over 100 funding partners, and more than $300 billion in annual payments.
PrimeRevenue announced on 26 October that it is tokenizing Electronic Time Drafts on Solana. The statement went out through PR Newswire. It names no start date.
An Electronic Time Draft is a buyer’s obligation to pay a set amount on a set later date. PrimeRevenue calls the instrument patented. The release calls this tokenization its first step toward trade finance on-chain.
The company says 50,000 companies use the platform, with more than 100 funding partners. It puts annual payment volume above $300 billion. Those figures are PrimeRevenue’s own.
The release treats access for eligible on-chain investors as a later aim and gives no date. PJ Bain, PrimeRevenue’s chief executive, calls the announcement the first step in bringing these instruments to Solana.
The release also quotes Ben Brophy, who leads institutional growth for Europe at the Solana Foundation. He says PrimeRevenue is putting corporate payment obligations on Solana.
Solana repeated the announcement on X the same day. That post cites 50,000 companies and more than 100 funding partners.
What to watch
- Whether a token is issued on-chain
- Who issues it
- When eligible investors get access
Sources
- PrimeRevenue — PR Newswire release, 26 October 2026, 2:17 p.m. Berlin (9:17 a.m. US Eastern daylight time)
- Solana — Post, 26 October 2026, 5:00 p.m. Berlin