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A comment on The SEC has told us it wants to sue us over Lend. We don’t know why. Parent comment

Re:The SEC has told us it wants to sue us over Lend. We don’... by eru on Wednesday September 08, 2021 @02:15AM (#28453679)
You can package almost anything into a security.

A bunch of machines and a factory is not a security, but you can package it into a security.

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Re:The SEC has told us it wants to sue us over Lend. We don’... by throwaway2037 on Wednesday September 08, 2021 @03:06AM (#28454010)
Yes! These are called ABS: Asset-backed Securities. One of the most famous was David Bowie's bonds to securitise the future cashflow of his record sales.

Ref: https://www.investopedia.com/terms/b/bowie-bond.asp

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