Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Bermuda Air BermudAir Closes $1 Million Fundraising Through Tokenized Bond Issue on Polygon Chain

Bermuda Air BermudAir Closes $1 Million Fundraising Through Tokenized Bond Issue on Polygon Chain

Bitget2024/05/08 16:09

Bermuda airline BermudAir has completed a $1 million fundraising via a tokenized bond offering on Polygon's Obligate on-chain capital markets platform, with the 15-month bond reportedly offering investors a 15% annualized rate of return.BermudAir is also the first airline to use fintech to raise capital, with all payments for the fundraising made in USDC, and the offering was made in conjunction with XBTO Group, a global digital asset and crypto-finance firm.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!