Hana Bank Put $100M on Blockchain and Skipped the 5-Day Wait

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Hana Bank raised $100 million with a five-year foreign-currency digital bond and settled the entire transaction the same day, collapsing a process that normally takes three to five business days into T+0. Issued through Euroclear’s blockchain-based D-FMI, the deal marked the first time a Korean financial institution directly used Euroclear’s infrastructure for a digital bond […]

from Bitcoin News https://ift.tt/0eCFztp