Strive’s Jeff Walton says Bitcoin-backed credit can absorb volatility
Photo: Crypto Briefing
Strive's chief risk officer argues its preferred equity instruments can soak up Bitcoin's downside and dampen future price swings Bitcoin has never been accused of being boring. Strive thinks it can sell investors a version that comes closer. Jeff Walton, chief risk officer at Strive Inc. (NASDAQ: ASST), said the company’s credit instruments can absorb Bitcoin’s downside volatility and dampen future price swings. The pitch arrives as Strive leans into what it calls “digital credit.” These are Bitcoin-backed securities designed to pay steady income while the company’s common stock carries most of the price risk.
Source: Crypto Briefing
