💵 BitMEX is considering issuing short term Bitcoin bonds
In an interview with Luke Martin on his Venture Coinist podcast, BitMEX CEO Arthur Hayes says he is looking at launching a Bitcoin ($BTC) backed short term bond. "I want to create a future where the highest quality exchanges and miners... issue short-term Bitcoin bonds to the ecosystem," Hayes said, " So, let's say you want to buy some 30-day paper. Why can't you buy a BitMEX 30-day zero-coupon bond that yields some rate of interest that reflects the market's determination of our credit risk?" Hayes said over the next few months, he will be working on paper to address specificiations for the new type of bond.
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