Swiss investment bank UBS AG has a new kind of bond, claiming to be the first publicly traded and settled on both blockchain-based and traditional exchanges.
Swiss investment bank UBS AG introduced its hybrid digital bond on Nov. 3, claiming to be the world’s first publicly traded bond that’s settled on both blockchain-based and traditional exchanges.
“Through this bond, UBS enables investors, regardless of whether they have the blockchain infrastructure, to invest in a digital bond. This removes a hurdle on the way to adopt new disruptive technology that can make issuing bonds faster, more efficient and simpler.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/USD to dip into the low-0.90s in the coming months – UBSThe recent pullback in the USD should not be seen as the beginning of a trend reversal. In the view of economists at UBS, EUR/USD is set to plummet to
Read more »
Swiss drugs regulator looking into bubbles in COVID booster vialsSwiss drugs regulator Swissmedic said on Wednesday it is examining potential risks in connection with bubbles that appeared in vials of COVID-19 vaccine boosters retooled to target the Omicron variant of the coronavirus.
Read more »
The World’s Longest Passenger Train, 1.2 Miles End-to-End, Just Took on the Swiss AlpsWatch the 100-car train break a world record that had stood for 30 years.
Read more »
UBS AG unveils publicly traded digital bond that settles on blockchainThe new digital bond settles automatically and immediately, according to investment bank UBS AG.
Read more »
UBS Prices First Bond to Be Listed, Settled on a Digital ExchangeSwitzerland's UBS launched what is said was the world's first bond from a bank that will list, trade and settle on a digital exchange. By sheldonreback
Read more »