Swedes have also begun using Bitcoin to issue preferred shares, with a 10% annualized yield—Spotlight on July 20. Is this another handshake between traditional finance and Crypto?

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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.
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