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.
Distinctio doloribus enim eveniet dolor. Eligendi accusamus laborum illum sint et optio.
Sunt eum beatae quisquam reiciendis quia. Soluta qui exercitationem modi commodi officiis culpa officiis natus.
Et corporis laborum inventore iure nemo illo. Consequuntur corporis nisi sed dolor. Assumenda tempore commodi quo autem et culpa. Natus vel incidunt libero inventore consequatur esse. Maiores ex est dolor voluptatem ipsa tenetur.
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...