DeBond continues to make inroads in the decentralized finance industry. Its approach to decentralizing bonds through blockchain technology and smart contracts resulted in a $500,000 seed funding round. Various prominent backers and investors see merit in this approach, paving the way for broader financial access to everyone. DeBond Keeps Making Inroads The seed funding round for DeBond shows the overall demand for decentralizing traditional financial instruments. Bonds have been an essential part of the finance industry for decades, yet their core model has not changed. More importantly, bonds are only accessible to qualified investors and governments, creating a fractured landscape. With the help of decentralized technology, those fractures can now be mended and the appeal of bond vehicles can be expanded upon. The recent seed funding round for DeBond – a $500,000 financial injection – puts the company’s valuation at $12.5 million. Seed round investors include Bixin Ventures, Lotus Capital, Wave Capital, Hotlabs, etc. The vision of decentralized bonds and collateralized debt obligations change the playing field for consumers and institutions exploring new opportunities in the finance industry. The approach to these new financial vehicles is made possible through the ERC-3475 token standard. It introduces independent functions to read, transfer a collection of bonds, and have bonds redeemable from the bond is...