Tagged: bonds

November 30, 2024 @ 9:37 am By JD Alois  |  

OpenYield announced additional funding of $7 million last week. The capital infusion will be used to further its ambition to provide an equity-like trading platform for bonds as it seeks to modernize the market. OpenYield operates an Alternative Trading System (ATS), a regulated marketplace that… Read More

October 20, 2024 @ 7:37 pm By Omar Faridi  |  

LuxSE has reportedly become the first European exchange to list a Yulan bond. As explained in the announcement, the EUR 100 million Yulan bond issued by Orient Securities Company Limited was listed recently on the Luxembourg Stock Exchange on 16 October, making the exchange the… Read More

August 12, 2024 @ 1:26 pm By JD Alois  |  

RBC Clearing & Custody will provide clearing services to OpenYield, a bond marketplace that aims to make trading bonds more like trading equities. Open Yield operates an alternative trading system (ATS) – the first serviced by RBC Clearing. David Aronow, Business Development Manager at RBC… Read More

May 12, 2024 @ 4:14 pm By Omar Faridi  |  

Wealthfront, a consumer Fintech and pioneer of the robo-advisor industry, announced an Automated Bond Ladder that enhnaces how investors use US Treasuries to maximize interest on their extra cash. This addition to Wealthfront’s product suite is described as “a liquid, low-risk way to earn a… Read More

March 28, 2024 @ 10:32 am By JD Alois  |  

OpenYield Trading LLC is now enabling retail investors to trade bonds just like stocks. OpenYield is a FINRA-registered broker-dealer and SEC-registered alternative trading system (ATS). According to a statement issued by the company, market makers Flow Traders and TD Securities Automated Trading are servicing the platform…. Read More

February 23, 2024 @ 2:49 pm By JD Alois  |  

WiseAlpha, an online investment platform providing access to corporate bonds based in the UK, is raising money on Crowdcube. Offered to both EU and UK investors, WiseAlpha has already topped its initial funding hurdle of £500,000. As of today, £1.05 million has been raised from… Read More

February 12, 2024 @ 10:25 pm By Omar Faridi  |  

Trumid recently reported its January performance. The electronic bond trading platform announced “record” monthly activity. Trumid, a financial technology company and fixed income electronic trading platform, reports record trade volume and user participation highlights for January 2024. January Highlights shared by Trumid are as follows:… Read More

December 5, 2023 @ 10:56 pm By Omar Faridi  |  

On November 30, 2023, Société Générale issued its first digital green bond in the form of a “ Security Token ” directly recorded by SG-FORGE on the Ethereum blockchain with transparency and traceability of ESG data. The tokens were fully subscribed “by two leading institutional… Read More

November 28, 2023 @ 9:40 am By JD Alois  |  

Tokenization or turning an asset into a “digital asset” or digital security makes a lot of sense. By leveraging technology, an asset can be managed more effectively, comply with regulations and be programmed to automatically perform certain services. Today, most investible assets are heavy on… Read More

November 11, 2023 @ 5:40 pm By Michael Wong  |  

BonEvalue Pte Ltd (BondbloX), a Singapore-based fintech startup that provides easy access to bonds for investors, has secured $6 million in a Series B round. The funding round was backed by Beacon Venture Capital, the corporate venture arm of Thailand’s Kasikornbank. Existing shareholders MassMutual Ventures… Read More

October 31, 2023 @ 7:21 am By Omar Faridi  |  

Eleving Group issued €50 million in senior secured and guaranteed bonds. Approximately 2 000 retail and institutional investors “from the Baltic States and Germany have exchanged or subscribed to Eleving Group’s new bonds.” During the issue, Eleving Group reportedly “offered senior secured and guaranteed bonds… Read More

October 18, 2023 @ 11:44 pm By Omar Faridi  |  

Mintos is pleased to announce the launch of high-yield Fractional Bonds via their platform. This offering from Mintos opens up the world of corporate bonds to their investors, “making it accessible and easy for anyone to diversify their portfolio with bonds.” Historically, bonds, especially high-yield… Read More

May 12, 2023 @ 7:05 pm By Omar Faridi  |  

ABHI, which claims to be a growing embedded finance platform in the MENAP region, announces it has made history by issuing Islamic bonds worth PKR 2 billion (US$7.1 million). The bond issue is considered to be “a significant milestone for both ABHI, and the region,… Read More

March 21, 2023 @ 10:24 am By JD Alois  |  

WiseAlpha, an investment platform that provides access to fractional bonds, is preparing to raise growth capital on Seedrs. Regulated by the UK Financial Conduct Authority, WiseAlpha aims to give smaller investors the opportunity to corporate bonds at a low minimum of £100.  To participate, you… Read More

February 26, 2023 @ 4:55 pm By Omar Faridi  |  

We recently caught up with Eric Satz, CEO of IRA platform Alto, in order to discuss why alternative assets are the new bonds when it comes to portfolio diversification. As the head of a self-directed IRA that enables individuals to diversify their portfolios using retirement… Read More

February 17, 2023 @ 8:21 am By Omar Faridi  |  

Siemens is one of the first companies in Germany to issue a digital bond, “in accordance with Germany’s Electronic Securities Act (Gesetz über elektronische Wertpapiere, eWpG).” Worth 60 million, it has “a maturity of one year and is underpinned by a public blockchain.” According to… Read More

January 19, 2023 @ 3:59 pm By Omar Faridi  |  

Obligate, formerly known as FQX, announced it has successfully closed a seed extension funding round, “allowing them to scale their blockchain-based platform for bonds and commercial paper.” Blockchange Ventures and Circle Ventures join initial seed co-investors Earlybird and SIX Fintech Ventures – “bringing the total… Read More

October 9, 2022 @ 10:32 pm By Omar Faridi  |  

MakerDAO, the “longest-standing” DeFi lending protocol and creator of DAI, the “original,” decentralized stablecoin, announced “the strategic investment of $500M USD (converted from $500M DAI) into a combination of US Short Treasuries and Investment Grade Corporate Bonds.” The move, which will be initiated by DeFi… Read More

September 23, 2022 @ 11:35 am By JD Alois  |  

WiseAlpha, a unique online investment platform providing individual investors with access to corporate bonds, has announced a partnership with Titan Wealth. WiseAlpha, based in the UK, enables fractional investments in corporate bonds. The platform holds a mission of democratizing the corporate bond market with its… Read More

March 14, 2022 @ 2:42 am By Omar Faridi  |  

ScribeStar, an SaaS platform that streamlines and automates the “complex and inefficient processes of issuing securities (eg IPOs, bonds) and ongoing reporting in capital markets,” has acquired 106% (£587,395) of its £550,000 target via Crowdcube from 222 investors (at the time of writing) with 18… Read More