TON crypto spiked 40% after Telegram announced the finalization of the $1.5 billion bond sale, backed by BlackRock, Citadel, and Mubadala. As tokenization picks up steam, will Toncoin and Tonchain dominate? What differentiates crypto from securities is hype. True, market forces impact crypto, but when the “hype” catches on, prices tend to surge rapidly. There … Read more
The digital token linked to Telegram gained traction as rumors swirled that Wall Street titans are circling the company’s lucrative 9% yield bond deal. The price of Toncoin (TON) soared by more than 6% on Wednesday as reports emerged that asset management giant BlackRock is considering joining Telegram‘s $1.5 billion bond offering. Telegram is set … Read more
Metaplanet Inc., a publicly listed firm based in Japan, has made headlines with a groundbreaking financial maneuver: issuing a $13 million zero-coupon bond to fund additional Bitcoin purchases. This daring move not only marks a pivot in the company’s strategic operations but also adds a significant chapter to the ongoing integration of cryptocurrency into traditional … Read more
REX Shares has launched a new, first of its kind exchange-traded fund focused on convertible bonds from companies incorporating Bitcoin into their treasury. REX Shares, an asset management firm specializing in investment products and funds, has just launched Bitcoin Corporate Treasury Convertible Bond (BMAX) ETF, which allows retail investors to invest in convertible bonds issued … Read more