The European Investment Bank (EIB) has already conducted three blockchain issuances on different platforms. Now it’s planning a digital bond on the new network recently launched by Credit Agricole CIB and SEB, so|bond, as first reported by Global Capital.
The banks described so|bond as sustainable and open. It’s not particularly targeting green bonds, but the blockchain aims to be more sustainable. Node operators are incentivized to minimize their environmental footprint.
The EIB was the first to issue digital bonds on platforms launched by Societe Generale Forge, Goldman Sachs and HSBC.
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