Etherfuse Launches ‘Stablebond’ Tokenized Bond Offering for Retail Investors in Mexico

Publikováno: 1.11.2023

Etherfuse, a platform focused on improving decentralized blockchain infrastructure, has made a groundbreaking announcement to unveil ‘Stablebond’ at Solana’s breakpoint conference in Amsterdam. Live from the heart of Amsterdam, I got to introduce Stablebonds at @SolanaConf #Breakpoint2023. This is more than just a presentation; it's a call to action for a brighter, more secure financial […]

The post Etherfuse Launches ‘Stablebond’ Tokenized Bond Offering for Retail Investors in Mexico appeared first on Cryptonews.

Celý článek

Etherfuse Tokenized Bonds
Source: Adobe / M.Gierczyk

Etherfuse, a platform focused on improving decentralized blockchain infrastructure, has made a groundbreaking announcement to unveil ‘Stablebond’ at Solana’s breakpoint conference in Amsterdam.

In a strategic move to tap into Mexico’s thriving bond market, Etherfuse is set to launch Stablebond, a groundbreaking tokenized bond offering tailored specifically for retail investors in the region. Boasting the status of being the second-largest bond market in Latin America, Mexico’s market liquidity surpasses even Brazil’s, solidifying its position as a beacon of financial opportunity.

The Mexican bond market presents a landscape for innovation and expansion, with $623 billion in outstanding debt and an average daily trading volume of $200 million. Historically, this market has been primarily driven by institutions, governments, and foreign investors, leaving limited room for retail investors or individuals to participate actively.

Remarkably, a mere 2% of bondholders in Mexico are of Mexican origin, signaling untapped potential within the market. Etherfuse introduces Stablebonds in an effort to tap into Mexico’s thriving bond ecosystem and offer retail investors new opportunities in this market. As stated in the press release, Stablebonds is built on the Solana blockchain and is backed by the Mexican government.

As noted by Etherfuse, what sets Stablebonds apart is their distinctive attribute of being backed by tangible, real-world bonds. This feature imbues Stablebonds with an added layer of security and dependability. With the introduction of Stablebond, Etherfuse not only anticipates a surge in retail investor participation but also heralds a new era of innovation and accessibility within Mexico’s bond market, further bolstering its position as a key player in the Latin American financial landscape.

Dave Taylor, CEO and co-founder of Etherfuse, said in a statement,

  • “Stablebonds mark an evolution of investment solutions; by marrying the traditional world of bonds with the innovation of blockchain technology, we are creating a secure and transparent tool for investors and are adding further stability to DeFi and blockchain products.”

Tokenized Asset Market on the Rise, Poised for Substantial Growth

The tokenized asset market is experiencing significant growth and diversification. This development aligns with the growing trend of tokenizing real-world assets. According to the RWA.xyz platform, the tokenized Treasury market has surged from around $100 million at the beginning of the year to $698 million.

The tokenized asset market is poised for significant growth in the coming years, with some industry insiders predicting it could reach a substantial $10 trillion by 2030. This optimism is fueled by the efforts of market participants who are actively involved in connecting blockchain technology with tangible assets such as treasuries.

This trend is expected to bring increased liquidity and efficiency to traditional financial markets and provide investors with new and innovative opportunities.

Established protocols like Ondo Finance, Maple, and Backed have seen substantial increases in the past few months. Furthermore, newer protocols launched in September, such as Tradeteq and TrueFi’s Adatp3r, have attracted significant deposits, with $4.5 million and $8.5 million, respectively.

Ethereum (ETH) has surpassed Stellar (XLM) in terms of the value of Treasury tokens on-chain. Additionally, newer blockchain networks like Polygon (MATIC) and Solana (SOL) have collectively attracted over $40 million in assets. This trend suggests a growing and diverse landscape for tokenized assets across various blockchain platforms.

The post Etherfuse Launches ‘Stablebond’ Tokenized Bond Offering for Retail Investors in Mexico appeared first on Cryptonews.

Nahoru
Tento web používá k poskytování služeb a analýze návštěvnosti soubory cookie. Používáním tohoto webu s tímto souhlasíte. Další informace