Business & Regulation·CoinDesk· 4d ago

Bitcoin enters the public bond market as Moody’s gives a first-of-its-kind crypto deal a rating

Bitcoin enters the public bond market as Moody’s gives a first-of-its-kind crypto deal a rating

The Big Coin Report Take

Bitcoin is now collateralizing municipal bonds, apparently. Moody's slapped a Ba2 rating on this novel arrangement, suggesting traditional finance is still trying to figure out how to package digital assets for the masses. We've seen this movie before.

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