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BlackRock Denies Tokenization Partnership with Hedera Hashgraph, HBAR Drops by 35%: Asset management giant BlackRock has clarified that it has no commercial relationship with Hedera and did not choose Hedera Hashgraph to tokenize any of its funds.

👉Details: https://coinmarketcap.com/academy/article/blackrock-denies-tokenization-partnership-with-hedera-hashgraph-hbar-drops-by-35percent

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🗞 CryptoNews of the Day 🗞

BlackRock Denies Tokenization Partnership with Hedera Hashgraph, HBAR Drops by 35%: Asset management giant BlackRock has clarified that it has no commercial relationship with Hedera and did not choose Hedera Hashgraph to tokenize any of its funds.

👉Details: https://coinmarketcap.com/academy/article/blackrock-denies-tokenization-partnership-with-hedera-hashgraph-hbar-drops-by-35percent

CoinMarketCap Trackers:
👁️ Watchlist: Track Tokens
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✉️ Newsletter: Subscribe to Updates
👥 CMC Community: Follow Projects
📊 /p View Coin-Price within Telegram
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BlackRock Denies Tokenization Partnership with Hedera Hashgraph, HBAR Drops by 35%
Asset management giant BlackRock has clarified that it has no commercial relationship with Hedera and did not choose Hedera Hashgraph to tokenize any of its funds.
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Telegram hopes to raise $1bn with a convertible bond private placement

The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.

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