Meatbox Global Targets Livestock Collateral Finance Market

Meatbox Global, a leader in B2B livestock product distribution, has partnered with Stonebridge Asset Management to form a specialized investment fund for meat-backed financing, taking an innovative step into the distribution finance market. Through its subsidiary, MeatMatch Daebu, the 'Meatbox Meatloan No. 1' service, officially launched on the 25th, presents a new solution to the existing meat collateral market, which has long suffered from chronic problems. Previously, the meat collateral market suffered from low credibility due to issues such as collateral valuation errors, losses due to price fluctuations, and even fraudulent and duplicate collateral loans. To overcome these limitations, Meatbox Global utilizes its self-developed livestock data analysis system, 'M.I.T. (Meatbox Insight Tech-Service)', as a core weapon. This system, based on vast customer and transaction data, precisely evaluates the reasonable value of collateral and has established a system that can respond immediately to market volatility through real-time price monitoring. In particular, MeatMatch Daebu, through cooperation with Ace Refrigeration, a specialized imported meat freezing logistics center owned by Stonebridge Asset Management, conducts thorough physical inspections at designated logistics warehouses, maximizing the safety and reliability of collateral management. This livestock asset-based financial service, which encompasses not only meat-backed loans but also import sales and purchases, presents a healthy model that merges distribution and finance, and will become the cornerstone for building a livestock product fintech ecosystem. A Meatbox Global official stated that this business expansion goes beyond merely securing new revenue but embodies a vision to present a standard for a transparent and stable distribution-finance model within the livestock industry, based on the company's expertise and scalability. This is expected to significantly contribute to enhancing the overall credibility of the livestock product market and fostering a healthy growth environment.