Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Involved

Final month, CoinDesk reported that KfW, the biggest improvement financial institution in Germany, teamed up with Boerse Stuttgart Digital (BSD) in preparation for a digital bond issuance. Italy’s state-owned improvement financial institution Cassa Depositi e Prestiti SpA (CDP) and lender Intesa Sanpaolo additionally accomplished a bond issuance on Polygon in July. Each issuances have been a part of ECB trials.