Bermuda Air BermudAir Closes $1 Million Fundraising Through Tokenized Bond Issue on Polygon Chain
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.
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.
You may also like
A certain "contract-quitting, spot-buying" whale address has accumulated 7,066 ETH in the past 5 days

The Secretary of the National Security and Defense Council of Ukraine and his team have departed for the United States.