Santander Settles Both Sides of a $20 Million Bond Trade on Ethereum - CoinDesk
Santander has issued a $20 million bond on ethereum, and paid fiat cash for it on the public blockchain as well.
JUST IN: Spanish banking giant
has issued a $20 million bond on ethereum, and paid fiat cash for it on the public blockchain as well. Report by
Whelan, head of digital investment banking at Santander, pointed out that bitcoin and ethereum have the unique characteristic of having had 100 percent uptime since launch (in this regard, unlike any other computing system on the planet he could think of)
This is digital transformation -
, in collaboration with
, issues the first end-to-end #blockchain bond, paving the way for secondary market trading in the future. Via
Santander Settles Both Sides of a $20 Million Bond Trade on Ethereum
Caitlin Long 🔑
Congrats! More small steps to making #securities markets fairer & more stable!
Bond issuance and settlement:
Patrick McCorry ☘️ - wartime ceo
To ensure that a global currency market and transfer-value system can REALLY be deployed. Well, we are lucky. Ironically, the banks are watching. They are trying out our new currency market:
(countless other articles exist)