UBS, SBI, and DBS have achieved a groundbreaking milestone by conducting the world’s first live repurchase transaction (repo) with a natively-issued digital bond on a public blockchain. This revolutionary transaction automatically and instantly settled a repo, digital bond purchase, and redemption using regulated digital payment tokens across entities in Japan, Singapore, and Switzerland. Part of […]
In a significant leap towards financial innovation, the Philippines is set to introduce tokenized treasury bonds, marking a historic move to bolster its domestic debt market. The Bureau of the Treasury has confirmed the issuance of at least 10 billion pesos ($179 million) worth of one-year tokenized bonds. The decision to cancel the scheduled regular […]
R3‘s enterprise distributed ledger technology (DLT) platform, Corda, has played a pivotal role in the issuance of the first live digital bond by Euroclear’s International Central Securities Depository (ICSD). This significant milestone represents a major stride in Euroclear’s ongoing Digital Financial Market Infrastructure (D-FMI) initiative, focusing on enhancing transparency, speed, and resilience in the bond […]
