AIIB issues $300m blockchain digital bond, marking a first in financial sector adoption.

The Asian Infrastructure Investment Bank (AIIB) successfully raised $300m through its first-ever blockchain-based digital bond issuance, marking a significant step forward for the adoption of blockchain technology in the financial sector. The AAA-rated bond, facilitated through Euroclear's blockchain platform, is set to mature in January 2027. This adoption of blockchain technology in bond issuance offers benefits such as enhanced transparency, reduced operational risks, and improved efficiency in both issuance and trading processes.

August 23, 2024
6 Articles