Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Involved

Last
month,
CoinDesk
reported
that
KfW,
the
largest
development
bank
in
Germany,
teamed
up
with
Boerse
Stuttgart
Digital
(BSD)
in
preparation
for
a
digital
bond
issuance.
Italy’s
state-owned
development
bank
Cassa
Depositi
e
Prestiti
SpA
(CDP)
and
lender
Intesa
Sanpaolo
also
completed
a
bond
issuance
on
Polygon
in
July.
Both
issuances
were
part
of
ECB
trials.