Market Cap
24h Vol
7054
Cryptocurrencies
82599
Markets
TheBlock
2020-01-13 10:04:13

Paving a way towards real fantasy sports through tokenized assets

Quick TakeAfter months of negotiations, Spencer Dinwiddie is launching his tokenized bond today (January 13)Dinwiddie is now selling a $13.5 million bond issued under Reg D 506(c), which only allows accredited investorsInvestors will earn a 4.95% interest paid out on a monthly basis while the full principal will be paid off at maturityDinwiddie wants to create a new asset class and this is just a first step to show that there is a market