World Bank sold $33.8 Million in another round of its private Ethereum blockchain bonds

  • The World Bank completed its second round of Ethereum blockchain bonds.
  • It has now issued in total some $108 million of these bonds, which run on a private version of the Ethereum blockchain. 

The World Bank recently issued a second round of its landmark blockchain bonds.

They raised another $33.8 million, selling the “blockchain-operated debt instrument” (bond-i), according to Commonwealth Bank of Australia (CommBank), which managed the sale jointly with RBC Capital Markets and TD Securities.

It was noted that new and existing investors participated in the sale of the second round of bonds. 

In total, the World Bank has now issued some $108 million of these bonds, which run on a private version of the Ethereum blockchain. The CommBank noted:

 The first bond created, allocated, transferred and managed through its life-cycle using distributed ledger technology,

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.