BitMEX announces Bitcoin fixed income bond ahead of debate with Nouriel Roubini

Arthur Hayes, the CEO of BitMEX, believes that Bitcoin is a retail investor led phenomenon that shows no signs of stopping.

With just a day left before his debate with crypto skeptic Nouriel Roubini, Hayes revealed that BitMEX is launching a new Bitcoin-based fixed income product, providing holders with passive income.

Real trading going on in the crypto market, says BitMEX CEO. Arthur Hayes, the co-founder and CEO of BitMEX, has been one of the most vocal critics of Dr. Nouriel Roubini, an economist notorious for his skepticism of the crypto industry.

Hayes then pointed out that BitMEX recently saw its highest 24-hour trading record-$60 billion, and recorded over a trillion dollars in trades in the past year.

He believes Bitcoin is a retail investor-led market and that more and more people have realized that Bitcoin could offer great returns on investment.

New Bitcoin-based fixed income products to be introduced to BitMEX. BitMEX has long been seen not only as a leading crypto exchange but also as a leading provider of various crypto derivative products.

The increased interest in putting cryptocurrencies into traditional trading products has made the perpetual Bitcoin swap one of BitMEX's most popular products.

Their perpetual Bitcoin swaps are the most popular and the most liquid trading product for crypto.

"In the next few weeks, we will be revealing that we have the first Bitcoin Zero Coupon Bond with a few counterparties that we have identified."

Hayes went on to say that the company wanted to start a market where people can actually earn a yield on their Bitcoin by investing and loaning Bitcoin to some of the most stable companies in the space.