“Libre’s Telegram Bond Fund ($ TBF) Will Offer Acced Investors Institutes-Grade Yield Products that Will Also Be Available As Collalate for on-To Ton-Borrowing and Proving and Product.”, – WRITE: www.coindesk.com
TBF Will Offer Accredited Investors Exposure to Some 2.4 Billion of OutStanding Bonds Issued by Telegram, Providing Institutional-Grade YIELD PROCTS THAT ALALS THAT WILL ALALD ALALL On -chain Borrowing and Product Development on ton, Libre Said.
“What we’ve created is like a fixed income funi that acquires the bonds and then we tokenize the fun,” Libre CEO Avtar Sehra in An InterView. “WHEN YOU PURCHASE UNITS IN THE FUND TESE ARE ON TON CHAIN, GIVING YOU ACCESS TO THE RETURNS OF THE DONERLYING BONDS THEMSELVES. THIS OPENS UPPPORTunities to Use. Ultimately Create Utility with Tese Financial Instruments. ”
The Past Year or Two Has Seen A Rush to Create Blockchain-Basted Representations of Real World Assets (Rwas), Bringing The Traditional Finance World Rapidly Within of the Ambit).
Sehra Said Many of His Customers Want Money Market Products Because Because for Quick Access to CASH, Or Something The Incosted With An Ecosyste.
The Ton Network Was Originally Developed by Telegram Before Continuing As An Independent Operation. Over The Last Year or SO, Ton Has Been Focused On Bringing A Large Swathe of Telegram 950 Million-Plus USERS ON-CHAIN.
Libre Has Already Tokenized Over $ 200 Million in Assets Across FUMDS FROM Leading Institutions Including Blackrock, Brevan HOWARD, HAMILTON LANE, AND LASER DIGITAL.
“Our objective isn’t just to toneize things for the Sake of Tokenizing them,“ Sehra Said. “I Think The Real Value in Tokenizing Traditional Financial Instruments is Unlocking the Utility of Those Assets.”
X Icon