Bitcoin Suisse, Switzerland’s leading crypto custodian, has raised capital through a tokenized bond on Obligate, a blockchain capital markets platform. The investment-grade bond, backed by Circle’s USD Coin, aims to support Bitcoin Suisse’s lending business growth. Head of treasury, Sandro Huwyler, highlights the bond’s role in bridging traditional finance with decentralized technology. Obligate co-founder Stephan D. Meyer emphasizes empowering institutional players.
Bitcoin Suisse issues tokenized bond on Obligate to raise fresh capital
by Crypto Oasis | Jun 11, 2024 | Industrial | 0 comments
