FalconX: The first CESR-based Ethereum pledge rate Swap transaction has been completed

Digital asset broker FalconX announced that it has completed the first Ethereum collateralized Swap transaction based on CESR, with Multicoin Capital and Parataxis Capital participating in the transaction. It is reported that CESR was launched in partnership with CoinDesk Indices and CoinFund as the benchmark interest rate for Ethereum collateral rewards, allowing institutional investors, collateral providers, and Ethereum network users to manage collateral income risks and lock in fixed returns.