B2C2 SEEKS $200M FUNDING ROUND AS SBI PLANS TO REDUCE MAJORITY STAKE
London-based crypto market maker B2C2 is aiming to raise up to $200 million, with part of the raise intended to help SBI Holdings trim its 90% ownership.
SBI initially invested in B2C2 in mid-2020 and took majority control later that year.
Source: @WuBlockchain
B2C2 DEBUTS TOKENIZED BONDS: BLOCKCHAIN MEETS CORPORATE DEBT
In a milestone for blockchain adoption, B2C2 issued its first tokenized corporate bond on Ethereum, denominated in USDC.
Partnering with PV01, the bond is documented under English law, with all processes—from issuance to redemption—executed on-chain.
Proponents say tokenized bonds like these could disrupt traditional debt markets by lowering costs and improving transparency.
Source: The Block
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