The name’s Bond, Decentralized Bond

The name’s Bond, Decentralized Bond

The barriers of entry to the conventional bond market are high, thus limiting the global issuer community to governments, credit-rated public institutions, and private corporations. DeBond Protocol, a Paris-based start-up, has developed a decentralized bond product and exchange aimed at creating a fully decentralized fixed income ecosystem without banks and brokers. Paris : The rise and global popularity of crypto currencies has shaped the creation of a new financial ecosystem. This trend seems to be irreversible. The Central American state of El Salvador started in September last year to accept Bitcoin as legal tender. IZEA Worldwide, a leading influencer marketing company kicked off 2022 by accepting Bitcoin and Ethereum for its services, disrupting the traditional way of settling bills with fiat money. The Decentralized Financial environment, or DeFi, is based on blockchain technology and smart contracts. Crypto currencies like Ethereum are therefore not issued by a central bank or financial institutions, but virtual means of payment of the DeFi universe. While crypto hedge funds have been launched commercialized since, a decentralized bond and derivatives market was the missing link in the global rise of crypto currencies. Until recently. Paris-based start-up DeBond Protocol, founded in 2021, aims to bank on this