BTC Pref——Packaging Bitcoin exposure with preferred stock; an annualized 10% yield sounds like DeFi returns, but it takes the compliant route of Nasdaq and the Nordics—interesting.

BTC-1.64%
NAS100-0.12%
View Original
CoinNetwork
CryptoWorld News reports that Treasury Capital ($BTCB) has announced the launch of Sweden’s first Bitcoin-backed preferred stock (BTC Pref), with an annual interest rate of 10%. The preferred stock is expected to begin trading on the Spotlight stock market on July 20, and the issuance is expected to raise $2.5 million to purchase more Bitcoin.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned