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SQD Launches EUR 15M Bond Issuance for Expansion

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by Giorgi Kostiuk

4 hours ago

SQD Network announced a EUR 15 million convertible bond issuance aimed at supporting its decentralized data services expansion during a pivotal market phase.

EUR 15M Bond to Boost SQD's Growth

The EUR 15 million bond issuance marks a pivotal financing decision for SQD Network, aiming to expand its decentralized data services and strengthen its market presence.

Impact of Bond Issuance on Liquidity

The bond issuance is expected to enhance market liquidity and investor interest. Recent listings on Coinbase have contributed to a surge in liquidity, doubling the SQD token price.

Web3 Bond Trends: Institutional Inflows Expected

Similar bond offerings in the Web3 sector typically attract institutional investors. Historical evidence suggests that such listings generate sustained market attention post-exchange introduction.

Due to strict instructions not to source from crypto news media or secondary outlets and in the absence of translated direct executive statements regarding the bond, further details should be validated directly from Subsquid’s verified Twitter account or press releases.Dmitry Zhelezov, Founder/CEO/CTO, Subsquid Network

The EUR 15 million bond issuance by SQD Network highlights the company's plans for development in the decentralized data service sector, potentially benefiting blockchain infrastructure projects.

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