KB Kookmin Issues South Korea’s First Blockchain-Based Dollar Digital Bond

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KB Kookmin Bank issued South Korea’s first blockchain-based U.S. dollar digital bond for $100 million. The bond has a two-year maturity. HSBC acted as sole lead manager and issued the bond through HSBC Orion. The bond is linked to the CMU clearing and settlement system under the HKMA.
HSBC-3.48%
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