Bitcoin
$ 60,889
Ethereum
$ 3,992.0
Litecoin
$ 192.17
okex ads

European Investment Bank to use Blockchain for Bonds

The European Investment Bank plans to harness the power of blockchain to sell bonds, potentially boosting use of the digital-ledger technology as a tool for the region’s debt market.

The European Union’s investment arm hired Goldman Sachs Group Inc., Banco Santander SA and Societe Generale AG to explore a so-called digital bond in euros, which would be registered and settled using blockchain, according to information from a person familiar with the matter, who asked not to be identified because they’re not authorized to speak about it.

The EIB has often been at the forefront of innovation in Europe’s debt capital markets, being among the first to issue green and sustainability bonds, as well as debt benchmarked against a new euro short-term rate called ESTR. The move comes after European Central Bank President Christine Lagarde said the institution she leads could launch a digital currency around the middle of this decade.

source: unlock-bc

Related Posts

Leave a Reply

Newsletter

Subscribe To Newsletter

For updates and exclusive offers, enter your e-mail below.

Popular Posts

Night Life Crypto Partners with Polygon and Launches it’s NFT Sale
October 22, 2021By
Sphynx Launches 8,888 new NFTs as Part of Its New NFT Collection
October 22, 2021By
KuCoin Is Meeting Crypto’s Social Demands with New App Features That Redefine Crypto Trading
October 22, 2021By

Advertisement

Video Posts

In
Impact Of Technology On 4.0
July 6, 20210
In
Importance Of Cryptography
July 3, 20210

Crypto Stats


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin60,889 0.48 % 2.95 % 1.49 %
Ethereum3,992.0 0.19 % 2.99 % 2.74 %
Binance Coin478.62 0.18 % 0.54 % 0.54 %
Tether0.9970 0.41 % 0.08 % 0.39 %
Cardano2.150 0.37 % 0.43 % 3.40 %
Solana195.59 0.82 % 3.01 % 20.01 %
XRP1.090 0.29 % 1.00 % 4.98 %
Polkadot43.90 0.33 % 0.74 % 0.72 %
USD Coin0.9998 0.19 % 0.17 % 0.53 %
Dogecoin0.2437 0.51 % 0.42 % 3.70 %

You have not selected any currencies to display