The European Investment Bank (EIB) has issued a SEK 1 billion ($93m) green bond using the so|bond blockchain platform developed by Sweden’s SEB and Credit Agricole CIB. This is the EIB’s fourth digital bond, with each one issued on a separate platform.
The two-year bond is listed on the Luxembourg Stock Exchange Securities Official List and the Luxembourg Green Exchange.
So|bond was unveiled earlier this year with its novel Proof of Climate awaReness protocol, which incentivizes node operators to minimize the carbon footprint of their node with a token, the Climate awaReness Coin.
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