CoinVoice has recently learned that according to CoinDesk, PV01, a tokenization company led by Max Boonen, the founder of cryptocurrency market maker B2C2, said on Tuesday that the company has completed its first tokenized bond sale under British law, marking a key step towards the goal of creating a bond market (including corporate debt) on the blockchain track.
The asset is a tokenized version of $5 million worth of U.S. Treasury bonds issued on the Ethereum blockchain on April 8 and redeemed a week later. Market makers B2C2, BlockTower Capital and Keyrock invested in PV01âs âproof-of-conceptâ issuance.
After completing the initial issuance, Boonen said PV01 plans to expand its tokenized treasury issuance in the short term and expand to corporate bond issuance in the medium term. [Original link]