Companies can issue bonds too. McDonald's bonds are backed by the profits of McDonald's. They issue them in $, € and even remnibi.

There are also junk bonds issued by companies that are not considered very good with thier profit and revenue.

Fisco Ltd issued a 200 Bitcoin bond in 2017 (that will hurt them a lot if Bitcoin has gone up a lot when it matures.

You can potentially get bonds that entitle you to a portion of the process, but they are only as.good.as their issues. This is why investing is well risky.

Their not backed by cryptos.there just crypto denominated bonds, their just a crypto version of eurobonds.

Now a bond backed by crypto sounds like it is just crypto in escrow.