1H
-0.96%$0.0095
24H
-2.41%$0.0241
7D
21.6%$0.1731
30D
11.6%$0.1010
As the next era of the web continues to emerge, a lot of platforms are deploying suitable Web3 infrastructures to encourage further participation in the industry. Ankr is one of such platforms, and here is all you need to know about it.
The Reverse Convertible Note (RCN) is a hybrid security that combines aspects of debt and equity. The RCN provides the investor with an option to convert their investment into shares in the future, typically upon maturity. This guide will discuss what RCNs are, how they work, and why you should consider investing in them.