World Bank Leads Secondary Market Phase of Bond-I Blockchain Bond

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A three-way partnership saw secondary market trading go live, which participants say marks a world first. The World Bank and Commonwealth Bank have successfully enabled secondary market trading of a blockchain bond, the institutions confirmed in a press release on May 15.The bond, known as bond-i, uses the Ethereum (ETH) blockchain and was the first in the world to leverage the technology fully when it debuted in August last year.Now, a three-way partnership which also included market maker TD Securities delivered what the participants consider a similar first and a further metamorphosis for blockchain bonds.“Enabling secondary trading recorded on the…
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World Bank Leads Secondary Market Phase of Bond-I Blockchain Bond

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