Blockchain Press Releases
PV01 Issues First Digital Bond to Blue-Chip Stablecoin Investors
B2C2, Keyrock and BlockTower Capital purchase a $5M bond denominated in USDC and issued under Bermuda’s Digital Asset Business Act.
HAMILTON, Bermuda, April 16, 2024 /PRNewswire/ — PV01 (www.pv0.one) announces the first sale of a digital native bond on the public Ethereum blockchain under English law, the gold standard of the global bond market.
Issued on April 8th and successfully redeemed a week later, the bond was backed by a US Treasury Bill and earned a yield of 5.10%. Represented by a transferable token, the bond can also be used as collateral. Using Coinbase to convert USDC, it enables lightning-fast same-day investment in US treasuries. Settled on the blockchain, it moves in seconds, much faster than traditional bonds.
After raising $9M last year to evolve the debt capital markets, PV01 has completed their proof of concept by successfully structuring and leading a $5M digital issuance out of a dedicated vehicle, with investors including B2C2, Keyrock and BlockTower. The proceeds were used to purchase a US Treasury Bill and exchanged for a corresponding ERC-20 bond token, backed one-for-one by the government bond. The entire lifecycle of this digitally native asset took place on chain from issuance to settlement to trading to transfer to redemption, without the need for a central security depository. This completes the first step in PV01’s mission of developing the first-of-its-kind on-chain debt market.
“PV01’s bonds represent a crucial innovation in financial plumbing,” said Thomas Restout, CEO of B2C2. “The ability to fully change the ownership of bonds on-chain is an opportunity to use fast-moving and safe collateral to support trading activity with exchanges and counterparties.“
“The fusion of the security and reliability of traditional bonds with the immutability and transparency inherent in blockchain technology has given rise to a truly groundbreaking and superior financial instrument,” said Kevin de Patoul, CEO of Keyrock. “We are thrilled to collaborate with PV01 and honored to be among the pioneers in the tokenization of bonds. This initiative aligns seamlessly with Keyrock’s overarching mission to tokenize all forms of value, ushering in a new era of financial innovation.”
PV01’s commitment to developing a trusted institutional-grade platform that brings the fixed income market on chain is reflected in both Bermuda’s leading reputation as the jurisdiction of choice for digital asset companies and the combined legal expertise of Hogan Lovells and Walkers Global that helped facilitate the first digital native bond issued on a public blockchain under English Law.
About PV01:
PV01 is a leading global blockchain finance provider founded in 2023 by B2C2 founders, Max Boonen and Flavio Molendini. The company acts as the arranger and broker-dealer for issuers of digital bonds, and manages the structuring, book-building and sales process to qualified non-US institutional investors through a non-custodial platform. PV01 raised $9mn in seed funding from Tioga Capital, BlockTower, and Ryze Labs. Learn more at www.pv0.one
Media Contact:
Tim Reed
Your Partners, LTD
[email protected]
View original content:https://www.prnewswire.co.uk/news-releases/pv01-issues-first-digital-bond-to-blue-chip-stablecoin-investors-302118377.html
Blockchain Press Releases
Crypto Markets Lukewarm on Trump’s Inauguration: Bybit and Block Scholes Report
DUBAI, UAE, Jan. 24, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest weekly crypto derivatives report in collaboration with Block Scholes, recognizing crypto markets’ subdued bullish sentiment in an almost anti-climatic turn of events after Trump’s inauguration.
The 2025 presidential inauguration triggered a wild weekend of speculation with Trump family meme coins TRUMP and MELANIA, tilting derivative markets toward a bullish shift. However, the anticipated BTC-related executive orders failed to materialize, causing implied volatility to drop although realized volatility rose. Perpetual and options markets maintained high funding rates and a persistent bullish tilt, reflecting the complex speculative environment as crypto’s sunny expectations met political uncertainty.
Key Insights:
SOL’s Spotlight Moment: Trump’s issuance of “husband and wife” coins sparked an all-time high in Solana perpetual swaps, driven by traders anticipating crypto-friendly policies. The TRUMP meme coin’s launch on Solana DEXs elevated the network’s fee generation, symbolically positioning it above Ethereum competitors.
Derivatives Market Resilience: Perpetual swap funding rates remained neutral-to-bullish despite minimal crypto-positive inauguration announcements, with open interest showing stable positions. Derivatives markets viewed the event as just one of many potential catalyst opportunities.
BTC Options Speculation: Earlier anticipation of a potential strategic BTC reserve triggered significant short-tenor options positioning, resulting in robust call buying and the strongest at-the-money term structure inversion since the November 2024 election. While front-end volatility pricing has moderated, the strong skew toward out-of-the-money calls persists.
Access the full report, including detailed analysis of volatility trends, funding rates, and options market dynamics.
#Bybit / #TheCryptoArk /#BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/crypto-markets-lukewarm-on-trumps-inauguration-bybit-and-block-scholes-report-302359698.html
Blockchain
Andrew Cardno to speak on the session titled “The Seven Forces Transforming Our Industry (Whether We Like It or Not)”
Quick Custom Intelligence (QCI) is pleased to announce a must-attend session at the upcoming January 28–30, 2025, Raving Next: Indian Gaming Strategic Operations and Leadership Conference at Pechanga Resort Casino in Temecula, CA. This event will feature Andrew Cardno, CTO of QCI, as he delivers an in-depth exploration of the rapid technological evolution reshaping tribal gaming, including the impact of Artificial Intelligence (AI) and robotics on gaming floors and team members.
The signature session, titled “The Seven Forces Transforming Our Industry (Whether We Like It or Not),” will take place on January 29, 2025, from 1:15 – 2:00 PM (Mainstage). Mr. Cardno’s presentation will discuss how casino operators can adopt these advanced tools while preserving core traditions and staying ahead of the competition.
“AI and robotics are no longer futuristic concepts in the tribal gaming space—they are here now,” said Andrew Cardno, CTO of QCI. “Our goal is to help operators confidently integrate these technologies and develop robust plans for sustainable success.”
The session will also feature insights from Deana Scott, CEO of Raving Consulting, who will offer guidance on seamlessly incorporating new technologies into tribal enterprise strategies, ensuring both guest experience and workforce well-being remain top priorities.
“This isn’t about technology for technology’s sake,” noted Deana Scott. “It’s about finding the best fit for each tribal enterprise, ensuring the heart of our industry—our people and culture—remains at the forefront of decision-making.”
Attendees can expect to leave with practical approaches to integrating and leveraging emerging technologies in ways that reinforce the unique strengths of tribal gaming, enhance operational efficiency, and empower team members.
The post Andrew Cardno to speak on the session titled “The Seven Forces Transforming Our Industry (Whether We Like It or Not)” appeared first on News, Events, Advertising Options.
Blockchain Press Releases
SquaredFinancial adds the Trump and Melania meme coins to its crypto offering
VICTORIA, Seychelles, Jan. 24, 2025 /PRNewswire/ — Industry-leading fintech firm, SquaredFinancial, proudly announces that it has added the newly launched Trump and Melania meme coins to its crypto offering, empowering investors to gain wider access to the most popular markets and diversify their trading.
This new addition aligns with the company’s commitment to catering to the evolving needs of investors from different backgrounds and offering them quality and innovation. Clients and leads can now trade the trending Trump and Melania meme crypto coins on SquaredFinancial’s MetaTrader 5 (MT5) platform with competitive conditions and leverage.
SquaredFinancial constantly introduces new products to leverage the trading experience of its existing clients and attract potential traders who are on the pursuit of a trusted and reliable financial partner. The company thrives to keep innovation at the centre of its business. Its technology growth, competitive offerings, extensive expertise and education endeavours, are constantly recognized by renowned bodies.
Crypto enthusiasts are invited to visit SquaredFinancial website to learn more.
About SquaredFinancial
SquaredFinancial is a well-capitalized FinTech firm founded in 2005. It aims at becoming a one-stop shop that meets investors’ financial needs. With around two decades of experience in financial technology and trading, it offers global solutions to traders of different generations and backgrounds, who are looking for an intuitive and sophisticated investment gateway. It is led by market experts and leadership veterans who share a passion for trading and a vision to reshape the industry landscape. As a regulated firm, it provides investors with an online platform backed by cutting-edge technology that offers the opportunity to trade a wide range of instruments from different asset classes. SquaredFinancial has recently launched its proprietary mobile trading app and its innovative fixed-time deposit account.
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View original content:https://www.prnewswire.com/in/news-releases/squaredfinancial-adds-the-trump-and-melania-meme-coins-to-its-crypto-offering-302359583.html
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