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Overstock became the first company to offer a corporate bond, valued at US$25 million, as crypto securities to qualified institutional investors.
Overstock sold its first cryptobond, the cryptography team at Blockstream unveiled its first prototype sidechain and more top stories for June 9.
Bitcoin succeeded to rise above the 700 dollar level approving the status phoenix-like asset. The positive tendency was marked on all leading trading platforms and shows the overall stability of the currency able to shake off unfavorable companions.
British company Intelligent Environments wants to secure your banking information with emojis; online small business lender, Bond Street, secures new funding; and more news
We reported two weeks ago on Berlin-based startup Bitbond and how that company had just secured a round of funding worth 200 thousand euro. Earlier this week, we had a chance to speak with Radoslav Albrecht, Bitbond’s founder and CEO.
The bond markets are rattled and global yields are rising, signaling a possible reversal of an aging 33 year bull market in bonds that could have a major impact on all other global financial markets resulting in a reprice in asset classes across the board.
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