Ukraine announced today they will be issuing an NFT collection to fund the current war effort. This is on the back of tens of millions being donated via crypto.
What I find interesting is how Ukraine is capitalizing on public sentiment towards them and using NFTs as a way to get money from Joe Everyman. Traditionally, a lot of this was done by war bonds, which they have raised, but this is logistically more difficult than buying an NFT.
Am I off base on the difficulty of retail investors being able to access foreign debt? What are the reasons for the friction here? Being in the Fintech space, I have wondered for a long time why there aren’t good solutions to the OTC nature of fixed income. I believe the demand is there as all kinds of people seem to enjoy levering up and trading FX, a much more boring product than trading Argentinian distressed paper.
Curious to hear thoughts.
Vel aperiam magnam adipisci ut. Deleniti qui dolorem error. Quas dolorem ad consequuntur ducimus aliquid. Et aut esse voluptatem rerum.
Ea eos at sunt debitis. Debitis et cum numquam ducimus incidunt earum fuga. Explicabo et voluptates expedita deleniti inventore aut distinctio ut. Incidunt suscipit consectetur nisi quaerat.
Eligendi voluptate voluptatem et eaque delectus. Excepturi aliquam sint est consequatur.
Perspiciatis nam non quia aperiam et. Minus eveniet occaecati atque perspiciatis eos aut ut et. Non magnam eaque qui nisi corrupti.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...