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Lamar Olive Oil Becomes First to Issue EUROe-Denominated Bond on Obligate Platform
Summary: Lamar Olive Oil has issued an on-chain bond using Switzerland-based decentralized-finance platform Obligate, according to reports by CoinDesk. This is the first time an issuance has been denominated in Membrane Finance's EUROe, the only EU-regulated crypto stablecoin, the company said. The underwriting and structuring process was conducted by Obligate's credit rating partner Credora, according to ...
Lamar Olive Oil has issued an on-chain bond using Switzerland-based decentralized-finance platform Obligate, according to reports by CoinDesk.
This is the first time an issuance has been denominated in Membrane Finance's EUROe, the only EU-regulated crypto stablecoin, the company said.
The underwriting and structuring process was conducted by Obligate's credit rating partner Credora, according to the company.
Author: Katie Lin
Tags: bond,credit rating,Credora,Crypto,Decentralized Finance,EU,EUROe,Lamar Olive Oil,Membrane Finance,Oligate,Stablecoin
Link: Lamar Olive Oil Becomes First to Issue EUROe-Denominated Bond on Obligate Platform [Copy]
