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.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

BTC/USD weekend action brushes shoulders with $7,600

Cryptocurrencies stagnated within familiar levels over the weekend. Bitcoin action impressively jumped above the resistance levels at $7,400 and $7,500. The upward leg jumped above $7,600 before forming a high at $7,638.

More Bitcoin News

ETH/USD held above $145 as recovery stalls in the $150’s range

Ethereum price action over the weekend was largely lethargic. The recovery is from the recent slump towards $130 has not been able to rise above $160. Ethereum closed he trading on Friday at $149.

More Ethereum News

Cryptocurrency market update: Bitcoin stabilizes above $7,500, Ethereum and Ripple flex bullish muscles

Cryptocurrencies, led by the top three assets Bitcoin Ethereum and Ripple remained within key levels over the weekend. The drab action seems to have crossed into the new week where the Asian session continues to be characterized by shrinking volatility and little to no upside action.

More Cryptocurrencies News

Tezos towers the weekend session testing $1.70 crucial hurdle

Tezos was arguably the best performing crypto in the weekend session. After closing the session on Friday at $1.38, the bullish action majestically surged over 30% to brush shoulders with $1.61. Both the trading volume and the market cap corrected higher, where XTZ crossed the $1 billion hurdle. 

More Tezos news

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: It's all about whales again

On the cryptocurrency market, regulators, governments and central bankers and other big names like that are inferior to whales when it comes to generating trends and price movements.

Read the weekly forecast

BTC

ETH

XRP