“With traditional sources of lending restricted by current market conditions, this issuance enables investors to access on-chain bonds and commercial paper at a fraction of the cost and time, within the same secure and regulated framework they are familiar with from the traditional financial markets,” Bruce Jackson, Apex’s chief of digital asset funds and business, said.
Source: https://www.coindesk.com/markets/2023/03/22/blockchain-based-debt-protocol-obligate-records-first-bond-issuance-on-polygon-network/?utm_medium=referral&utm_source=rss&utm_campaign=headlines