(Opalesque) The world’s first public bond – bond-i (blockchain operated new debt instrument) – created and managed using only blockchain exceeds market expectations, said Commonwealth Bank of Australia (CBA). The biggest bank in Australia said that it has received support from seven investors for the bond-i that helped raising A$110m ($80.48m) for the World Bank. Commonwealth Bank executive general manager James Wall said that the deal, designed to test how the technology might improve decades-old bond sales practices, had exceeded expectations and interest had been “overwhelming”.
World’s first blockchain bond receives overwhelming response
This entry was posted in Syndicated. Bookmark the permalink.