The European Investment Bank issues blockchain-based digital green bonds worth 1 billion Swedish kronor
ChainCatcher news, the European Investment Bank (EIB) has issued a blockchain-based "digital native green bond," which is denominated in Swedish Krona and supported by environmentally incentivized node infrastructure. The bond, valued at 1 billion Krona (approximately 93 million USD), will provide institutional investors with a fixed interest rate of 3.638% over two years.
The bond will operate on the recently launched sustainable blockchain digital bond platform So|bond, which allows for the issuance, trading, and settlement of digital bonds using environmental incentives for its node operators. (source link)
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