Hana Bank Put $100M on Blockchain and Skipped the 5-Day Wait
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 […]
Key Takeaways
- 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 […]
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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