ConsenSys aims to use its new acquisition to offer tokenized municipal bonds in a market ripe for disruption.
Santander Exec Claims Blockchain Success as Bank Redeems Ethereum-Issued Bond
“This unequivocally proves that a debt security can be managed through its full lifecycle,” said an exec.
Bank of China Issues $2.8B in Bonds to Small Businesses Using Blockchain Tech
Bank of China has issued 20 billion yuan, or about $2.8 billion, in blockchain-based bonds to small businesses.
Northern Trust Testing Fractionlized Bonds on Blockchain
The U.S.-based custody bank is working with BondEvalue, a Singapore-based debt markets tech company, to offer fractions of tokenized bonds to retail and small professional investors.
HSBC, SGX to Investigate if DLT Offers Efficiency Boost for Bond Markets
A new trial will examine if digitalizing fixed income securities with DLT can bring new efficiencies to the Asian markets.
Why French Lender SocGen Issued a $110 Million Ethereum Bond to Itself
Societe Generale has no plans to resell its $110 million ethereum bond, but future blockchain trials will involve external investors, an exec said.
Santander Settles Both Sides of a $20 Million Bond Trade on Ethereum
Santander has issued a $20 million bond on ethereum, and paid fiat cash for it on the public blockchain as well.
World Bank Sells $33.8 Million More of Its Private Ethereum Blockchain Bonds
The World Bank raised another $33.8 million by issuing bonds on a blockchain, bringing the total to $108 million.
World Bank, CommBank Team Up for ‘World First’ Blockchain Bond Transaction
The World Bank says its new debt instrument “bond-i” is the first bond to have both issuance and trading recorded on a blockchain.
Santander, LeasePlan Testing Nivaura’s Blockchain-Based Floating Rate Bond
Capital markets startup Nivaura has developed a floating rate bond using blockchain tech, and it’s already being tested by Santander and LeasePlan.
Abu Dhabi Bank Settles $500 Million Bond on a Blockchain
Abu Dhabi-based Al Hilal Bank has carried out a blockchain-based transaction for an Islamic bond worth $500 million.
Microfinance Firm Plans Issuance of Shariah-Compliant Blockchain Bonds
An Indonesian microfinance firm is looking to put Sharia compliant bonds called sukuks on the blockchain to fund social projects.
Austrian Government to Notarize $1.3 Billion Bond Auction Using Ethereum
The Austrian government is planning to use the ethereum blockchain to notarize the auction of a bond worth around $1.3 billion.
The Power of Private Blockchains Is Beginning to Show
Is it time to rethink private blockchains? The World Bank’s “blockchain bond” success has reinvigorated that question.
World Bank’s Blockchain Bond Experiment Raises $81 Million
The World Bank’s blockchain bond raised $110 million AUD, and is based on a private ethereum network.
The World Bank Is About to Settle a Blockchain Bond Worth $73 Million
The World Bank is expected to settle its first blockchain-based bond worth $73 Million at the end of this month.
World Bank Taps Australia’s CommBank to Issue Its First Blockchain Bond
The Commonwealth Bank of Australia has been chosen by the World Bank Group to help issue a bond on a blockchain.
Sberbank Buys Commercial Bonds Issued Over Blockchain Platform
Russian bank Sberbank CIB and telecoms firm MTS have conducted what they say is the country’s first commercial bond transaction made using blockchain.
US City Plans to Sell Tokenized Bonds in ‘Initial Community Offering’
Confronted with big federal funding reductions, Berkeley, California, is turning to crypto token-based funding for services like affordable housing.