Blockstream launches security token tied to bitcoin hashrate, redeemable in BTC

The first tranche of 62.5 blockstream Mining Note will go on sale on April 7, and can be redeemed after three years for the bitcoin equivalent to the total hash rate the note represents.

The first batch of tokens will go for $275,836 each which will sell initially through a private token sale on STOKR.

Its open to all non-US qualified investors, Hashrate contracts help investors gain exposure, being a recent development in the Bitcoin derivatives market.

Author: CryptoBoss

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