[ZIG Finance Launches Saudi SME Credit Vault, Aiming to Raise $100 Million] According to TechFlow, on November 11th, The Block reported that ZIG Finance, in partnership with Nomura's digital asset subsidiary Laser Digital, launched the zEMS Vault, an on-chain investment product with a target fundraising goal of $100 million to invest in private lending for Saudi SMEs. This vault enables qualified institutional investors to participate in a portfolio of Saudi SME loans initiated by the Beehive lending infrastructure. Investors can subscribe and redeem using stablecoins. KAIO is responsible for tokenization and vault management on the BNB Chain, while Zamanat is responsible for investment structuring design and Sharia law consultation. Laser Digital will serve as a risk framework advisor, assisting in the design of the risk governance structure and providing tokenization advice. The two companies plan to apply this model to other emerging markets and credit strategies.