Blockstream Mining Starts Third Investment Round for Hashrate-Backed Tokenized Note
© Copyright Image: CurrencyCrypt
Crypto markets are becoming increasingly financialized, and hashrate-backed contracts are not new. Whats unique about Blockstreams note is its duration. Most contracts lock in the hashprice for up to 12 months, James Macedonio, Blockstreams SVP global head of mining sales and business development, said. BMN2, an EU-compliant security token, gives exposure to the bitcoin hashrate over a 48-month period.
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Text source: CurrencyCrypt
