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Cryptocurrency suffers from unpleasant price volatility but this securitization has an important protection
Ledn's $188m deal finished after at least two weeks in the market
Investors and bankers grapple with 24% fall in Bitcoin since deal was rated
First use of sterling tokenised deposit to buy tokenised Gilt
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A Bitcoin bond that crashes and burns would be better for bondholders than one that struggles across the line
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Orange and French financial institutions retain minority stakes
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Irrational investment decisions are nothing new. But danger lurks in El Salvador’s Bitcoin bond plans
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Sovereign’s bonds hit new lows as president plans to raise $1bn to build ‘Bitcoin City’ and buy cryptocurrency
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The repo operation pledges digitalised French covered bonds using the MarkerDAO protocol