UK Startup Nivaura Unveils World First Regulated Ethereum Bond

UK Startup Nivaura Unveils World First Regulated Ethereum Bond
Wednesday marks the release of the first Ethereum-denominated bond in a move that could make current centralized processes obsolete.

Together with JPMorgan, Moody’s and more, Blockchain startup Nivaura created the bond for UK-based luxury goods dealer LuxDeco, which will issue it.

The UK’s Financial Conduct Authority (FCA) contributed regulatory oversight to the bond’s development process. Going forward, industry sources quote LuxDeco, further bonds could appear if cryptocurrency continues its mainstream trajectory.

That same traje ...
Read more about "UK Startup Nivaura Unveils World First Regulated Ethereum Bond" on coinatory.com

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