UniCredit has issued a tokenized structured product for private investors through its wealth management division, marking the Italian bank’s second public blockchain issuance in a week.
The capital protected note, indexed to Euribor 3M and tailored for professional clients, was digitized using the BlockInvest platform and registered on a public blockchain. Weltix served as the distributed ledger registry manager for the transaction, which was executed in compliance with Italy’s FinTech Decree.
The issuance follows UniCredit’s €5 million digital minibond for E4 Computer Engineering last week, with the investment split equally between UniCredit and state owned Cassa Depositi e Prestiti. That transaction similarly used the BlockInvest platform with tokenization on the Polygon PoS blockchain.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
