Estimated reading time: 0 minutes, 17 seconds

Siemens Takes to the Blockchain to Issue $64M Bond

Siemens, the third-biggest publicly traded business in Germany, issued its first-ever digital bond in an effort to cut down on paperwork and reach potential purchasers more directly. So reports Coindesk.

The $64 million bond was issued using the Polygon blockchain and matures in a year. The interest rate for the bond was not disclosed.

Read the full article from Coindesk.

Read 1310 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.