Babel Finance and FQX target bond market with crypto 'eNote' debut By LHM1
Babel Finance announced on Thursday that it successfully issued its first collateralized USDC note, in a move that demonstrates crypto's potential to enter the $100 trillion global bond market.
The move, a demonstration of FQX's proof-of-concept, provides a legal layer for decentralized financing, and shows how certain tech can The transaction was executed using a Fireblocks custody wallet, with the principal provided by a Swiss investment firm and secured with smart contract-based collateral denominated in SOL.
"Through tokenization, investors are able to participate with smaller transaction sizes than traditional debt issuance, making it much more accessible to the broader market."
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
INX Taps Galaxy Digital Alum as Chief Financial OfficerCryptocurrency exchange operator INX_Group has named former Galaxy Digital director of finance Renata Szkoda as chief financial officer. BrandyBetz reports
Leer más »
Bitcoin, Ether Hover Above Support Amid China Optimism, U.S. Futures BumpFollowing a brutal string of declines, bitcoin is hanging just above $30K, and ether just above $2K alongside modest bounces for stocks across the globe. grittygatorr reports
Leer más »
Is the 24/7 crypto market good or bad for traders? Experts disagree.Crypto markets run 24/7 — is that good for market structure? And might traditional markets eventually work that way?
Leer más »
Terra's Collapse Makes G7 Officials Discuss New Crypto Regulation This WeekHead of French Central Bank shared with Reuters some details of the upcoming G7 meeting agenda
Leer más »
Crypto Exchange Coinbase Slows Hiring Amid Market Downturn – Exchanges Bitcoin NewsU.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy.
Leer más »
Advice from Elon Musk, top CEOs on preparing for recessionInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »