Gluwa Launches First Crypto Bond Fund on Ethereum and Reaches Funding Cap in Just 7 hours
© Copyright Image: News – CoinQuora – Latest Cryptocurrency and Block
- San Francisco-based firm Gluwa has launched its first crypto native venture debt fund.
- The fund aims to offer retail investors with fixed 12% APY.
- 7 hours after the Bond went live, it had already reached its funding cap.
The San Francisco-based firm Gluwa has launched its first crypto native venture debt fund on the Ethereum Network. The fund aims to promote financial inclusion and offers retail investors an industry-leading fixed APY of 12%.
In fact, 7 hours after the Gluwa Bond Account went live, it had already reached its funding cap. They shared the good news on twitter today saying,
Thank you to everyone who invested in the Bond Account!
Due to unprecedented demand, we reached our funding cap in under 7 hours!
Text source: News – CoinQuora – Latest Cryptocurrency and Block
