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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.

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