BermudAir raises $1 million by issuing tokenized bonds on the Polygon chain

BermudAir raised $1 million by issuing a tokenized bond on the Obligate on-chain capital markets platform on the Polygon chain, which is said to offer investors a 15% annual return. BermudAir is also the first airline to raise funds using fintech. All payments for this fundraising are done in USDC. The issuance is carried out in conjunction with XBTO Group, a global digital asset and crypto finance company.