Technology Giant Siemens Issues €300 Million Digital Bond on SWIAT Blockchain
Siemens has issued a €300 million digital bond on the SWIAT private blockchain, making it the largest eWpG (registered under Germany's Electronic Securities Act) bond to date
Siemens has issued a €300 million digital bond on the SWIAT private blockchain, making it the largest eWpG (registered under Germany's Electronic Securities Act) bond to date. The bond was settled automatically within minutes using the Bundesbank's Trigger solution, almost completely eliminating settlement risk. The issuance supports the European Central Bank (ECB) and Bundesbank's trials on distributed ledger technology (DLT) in the digital financial market.
