Nomura Research Institute launched Japan’s first blockchain bond, Zaif exchange delisted three assets, and more headlined news from Japan this past week.
A bond is a security debt giving the owner of which the right to obtain some amount of money or other type of asset from those who originally issued the bond. Also, bonds can offer the right not to get the entire sum but rather some percentage of it. When it comes to Bitcoin and bonds, crowdfunding debts work in a particular way — they enable its holder to receive a percentage from the trading volume or other indicator made by the company which issued the bonds. Bonds can come in different forms, depending on who lends and who borrows. For instance, there are government bonds which are when a state borrows some assets that are then counted as national debt. Besides this, there are other types of bonds depending on the way they have been issued. For example, with those that are based on blockchain, bonds have developed into smart bonds — aka smart contracts.
The Bank of Korea has started a project on building a blockchain-based bond system to enable distribution of bond records.2726
ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired SEC-registered broker-dealer Heritage Financial Systems.3514
Banco Santander has just performed an early redemption of the blockchain-based bond that was issued on Sept.10, 2019.4758
HSBC will explore the use of distributed ledger technologies for bond issuance in a joint trial with the Singapore Exchange and Temasek.3425
Major Spanish bank Banco Santander has issued what it claims is the first end-to-end blockchain bond.5912
Almost a third of all global bonds are now trading at negative interest, representing $15 trillion or 75 times the Bitcoin market cap.8657
Argento and LBX say their regulated product is unique in not involving fiat at any stage.14193
JPMorgan’s exec revealed that the bank has seen interest from global clients potentially using JPM Coin in bond transactions.14112
A three-way partnership saw secondary market trading go live, which participants say marks a world first.3424
A government representative has revealed a draft bill could land in parliament before the summer recess.6511
Global exchange website Currency.com has announced that it will be offering a tokenized form of Belarussian government bonds.4348
French specialized credit institution Societe Generale SFH has issued a 100 million euro bond as a security token on the Ethereum blockchain.7335
Afghanistan and Tunisia’s central banks are reportedly looking to issue a bitcoin bond.5356
Gibraltar Stock Exchange has launched listings of blockchain-powered securities on the GSX Global Market.3126