#kb
kb
822 views
6 Discussing
Hot
Latest
๐ข MAJOR UPDATE !!!
KB Kookmin Bank โ one of the largest banks in South Korea โ just launched a digital bond worth $100 million on the blockchain ๐ฅ๐ก๐
This is the first time a South Korean bank has utilized blockchain technology for real foreign currency fundraising โ a significant milestone for traditional finance in Asia ๐ฐ
The 2-year bond was issued in the Hong Kong market through a private placement, with an interest rate of SOFR + 0.4 percentage points. HSBC is the sole bookrunner, executing this through HSBC's digital asset platform Orion ๐
This event shows that Asia is at the forefront of integrating blockchain into traditional capital markets โ Hong Kong continues to establish itself as the region's digital financial hub ๐ฏ
While blockchain bonds aren't crypto, steps like these are laying the groundwork for the digital finance infrastructure of the next decade. Not investment advice.
#BlockchainBond #KB #DigitalFinance
$BTC $ETH $FIGHT
KB Kookmin Bank โ one of the largest banks in South Korea โ just launched a digital bond worth $100 million on the blockchain ๐ฅ๐ก๐
This is the first time a South Korean bank has utilized blockchain technology for real foreign currency fundraising โ a significant milestone for traditional finance in Asia ๐ฐ
The 2-year bond was issued in the Hong Kong market through a private placement, with an interest rate of SOFR + 0.4 percentage points. HSBC is the sole bookrunner, executing this through HSBC's digital asset platform Orion ๐
This event shows that Asia is at the forefront of integrating blockchain into traditional capital markets โ Hong Kong continues to establish itself as the region's digital financial hub ๐ฏ
While blockchain bonds aren't crypto, steps like these are laying the groundwork for the digital finance infrastructure of the next decade. Not investment advice.
#BlockchainBond #KB #DigitalFinance
$BTC $ETH $FIGHT
Log in to explore more content