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Gluwa Launches First Crypto Bond Fund on Ethereum and Reaches Funding Cap in Just 7 hours

Published 09/09/2021, 09:15 AM
Updated 09/09/2021, 09:30 AM
Gluwa Launches First Crypto Bond Fund on Ethereum and Reaches Funding Cap in Just 7 hours
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  • 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,

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