Singapore Exchange uses blockchain to issue $300m digital bond By Cointelegraph

Singapore Exchange uses blockchain to issue $300m digital bond By


Singapore Exchange uses blockchain to issue $300m digital bond

Singapore Exchange (OTC:) (SGX), a major investment holding company in Singapore, has issued its first digital bond powered by blockchain technology.

As officially announced on Sept. 1, SGX deployed its digital asset issuance platform to conduct a 400 million Singapore dollar ($294 million) 5.5-year public bond issuance for major local food and agri-business company, Olam International.

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