The ALT2611 tokenized Tether bond from Bitfinex has only managed to raise 15% of its target two weeks after launch.
A bond is a security debt giving the owner of which the right to obtain some amount of money or other type of asset from those who originally issued the bond. Also, bonds can offer the right not to get the entire sum but rather some percentage of it. When it comes to Bitcoin and bonds, crowdfunding debts work in a particular way — they enable its holder to receive a percentage from the trading volume or other indicator made by the company which issued the bonds. Bonds can come in different forms, depending on who lends and who borrows. For instance, there are government bonds which are when a state borrows some assets that are then counted as national debt. Besides this, there are other types of bonds depending on the way they have been issued. For example, with those that are based on blockchain, bonds have developed into smart bonds — aka smart contracts.
Real-world asset tokenization as a concept has existed for some time. However, in 2023, with the growing interest of institutions, various governments have started experimenting with the idea.4690
Paolo Ardoino, Bitfinex chief technology officer and incoming Tether CEO, said the “exciting” initiative marks the beginning of a new era in capital raising.8668
The settlement service is far from the first to issue digitalized securities, but it is a significant step because of its size.1966
Analysts recently debated whether or not the Bitcoin halving is still a meaningful catalyst for BTC’s price discovery.10537
Bitcoin is witnessing a 16-year high in 30-year U.S. government bond yields, and money printing is all but guaranteed, says the ex-BitMEX CEO.10500
The losses on U.S. Treasurys recently surpassed $1.5 trillion, and the likely outcome is turbulent markets, but how will Bitcoin price fare?20904
An intriguing chart shows a close relationship between U.S. 10-year Treasurys and Bitcoin halving price rallies.11314
The monetary authority in Hong Kong released a report on its study Project Evergreen, which looked at the highs and lows of recent bond tokenization activity.8339
The United States-based crypto exchange has increased its offer for discounted debt by 3%.3212
El Salvador paid $800 million in debt at the start of the year before the maturing period, raising the confidence of investors, as President Bukele says “told you so.”14183
Bitcoin’s price remains range-bound as equities, gold and U.S. Treasurys offer competitive rates with reduced risk. This week’s CPI report could shake things up.13540
Bitcoin’s price has been showing weakness near the $30,000 level, but multiple data points highlight the fact that bears remain at a disadvantage.18368
The Bitcoin futures premium surge is having traders ask whether this is excitement or a return to the average after a multimonth bear market.11786
The five-year U.S. Treasury yield reached its highest level in three months, but the typical inverse correlation-based price action with Bitcoin might not work this time.19407