Crypto-property asset fund Bond has launched a $5m offering for its global accredited investors.
Bond allows investors the ability to buy securities called Bond Units, which represents an asset portfolio of property bonds, real estate and cryptocurrency shares. The ‘Units’ represent a stake in Bond’s portfolio and is issued on Bitshares blockchain or traded on its exchange. This allows investors to trade them with others as a new type of cryptocurrency.
The company’s portfolio is fully transparent and protected from downside risk, even in a cryptocurrency crash. The assets are split: P2P bitcoin lending (30%), traditional property bonds and real estate (30%), the Billion Hero campaign (30%) and alternative cryptocurrencies (10%).
Initially, five million bond units have been created for pre-sale at a price of $1 apiece, but a minimum contribution of $500. Bond aims to provide a stable rate of return, offering a minimum projected annual return of 8 per cent Net Asset Value.
Bond founder and CEO Robert Edwards said, “By offering traditional asset-backed securities in a transparent, blockchain-based digital environment, Bond’s mission is to unify the reduced risk of the old with the possibilities and potential of the new.
“Bond is not about getting rich quick – it is about sensible, reduced risk investment that, through the blockchain, will securely profit from the growth of the property and crypto markets in the years to come.”
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