Bank of China's investment arm BOCI has utilized the Ethereum blockchain network to issue $28 million worth of digital structured notes.
The bank has become the first Chinese institution to issue this type of tokenized security in Hong Kong, global investment bank UBS said in a recent press release.
The notes, which were worth CNH 200 million, were initiated by UBS and distributed to clients in the Asia-Pacific region. ...
Read More: Bank of China Uses Ethereum Blockchain for $28 Million Digital Structured Notes – Crypto Adoption on the Rise?
-Advertisement-
Popular
- Remap the Google Assistant button on the Sony Xperia 5 II with this app
- Rosetta, Apple’s Translation Layer, Might Get Removed From M1 Macs in Some Regions After macOS 11.3 Update
- Cardano, Ethereum and Two Altcoins To Catch Fire if They Can Hold These Price Levels: Michaël van de Poppe
- Crypto Veteran Bobby Lee Predicts Bitcoin Peak Over $250,000 Before Massive Drop – Here’s When
- Ex-CFO of Seattle startup indicted after allegedly moving $35M in company funds to crypto business