B2C2 Issues First On-Chain Corporate Bond on Ethereum
B2C2, an institutional crypto liquidity provider, has issued its first on-chain corporate bond in partnership with PV01, a debt capital markets firm co-founded by B2C2's founders. The bond, tokenized on the Ethereum blockchain and denominated in USDC, will have its entire lifecycle managed on-chain. This landmark transaction aims to streamline debt issuance, reducing reliance on intermediaries and paving the way for traditional companies to issue debt on blockchain. Advocates believe tokenized bonds can enhance transparency and lower costs in capital markets