Corporate Analyst Fisco Tests Issuance of Bitcoin Bond in Japan
A financial data provider and bitcoin exchange operator in Japan is testing a digital bond denominated in the cryptocurrency.
As reported earlier this week by Bloomberg, Fisco – which launched a bitcoin exchange in September of last year and has invested in other exchanges like TechBureau – issued a test bond worth 200 bitcoins. A bond is a kind of debt issued over a certain period of time, usually paying out some form of interest in addition to the principal amount.
The three-year bond was exchanged from one company within the Fisco umbrella to another, according to the publication, and is said to provide a 3 percent return over the three-year period.
https://www.coindesk.com/corporate-analyst-fisco-tests-issuance-bitcoin-bond-japan/
Topic: [2017-08-18] Corporate Analyst Fisco Tests Issuance of Bitcoin Bond in Japan (Read 3370 times)
August 18, 2017, 12:45:25 PM
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