Following a successful trial of DLT-based bond issues, SGX has formed a dedicated company with investment firm Temasek to extend and expand the use of the tech.
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.
Major German real estate group Vonovia has used the Stellar blockchain to transfer the ownership of real estate rights.24803
The bond sale underscores MicroStrategy's conviction that Bitcoin is a generational investment opportunity.19238
After an earlier attempt, China Construction Bank has gone back to the drawing board with new partners and a new proof-of-concept for a blockchain-based bond.11610
The $3 billion blockchain bond has been effectively cancelled.14593
It is not currently clear when or if China Construction Bank's debt issuance sale will be rescheduled.8954
China Construction Bank has used blockchain technology to issue the first tranche of a planned $3 billion worth of debt.9598
The entry of firms like Square, MicroStrategy and Stone Ridge may open the BTC floodgates and provide “confidence for the rest to follow.”23315
The Bank of Thailand has issued the world’s first blockchain-based government savings bond platform.15640
DAML smart contract language is now used for digital bonds.10737
Veteran crypto traders Scott Melker and Michaël van de Poppe will be discussing Bitcoin’s different types of correlation with traditional assets and how to best profit from them.9580
Inflation-adjusted yields on all U.S. treasury bonds are now negative as the Fed is widely believed to be propping up markets.2579
The Philippines has launched a blockchain-enabled mobile application for the distribution of government-issued bonds.6775
Nomura Research Institute launched Japan’s first blockchain bond, Zaif exchange delisted three assets, and more headlined news from Japan this past week.3731
The Bank of Korea has started a project on building a blockchain-based bond system to enable distribution of bond records.2878