Bermuda-based airline BERMUDAIR raised $1 million successfully by issuing tokenized bonds on the OBLIGATE platform on the POLYGON chain. This milestone makes BERMUDAIR the first airline to raise funds using financial technology, with all raised funds processed in USDC cryptocurrency.

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BermudAir, the Bermuda-based airline, raised $1 million by issuing tokenized bonds on the Obligate capital market platform on the Polygon chain. Reportedly, BermudAir is the first airline to raise funds using financial technology, with all payments for this fundraising completed in USDC.

Bermuda Airlines completes a $1 million fundraising by issuing tokenized bonds on the POLYGON chain.