• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Siemens Issues €300 Million Digital Bond

user avatar

by Giorgi Kostiuk

a year ago

  1. New Digital Bond
  2. Automation and Blockchain Support
  3. Siemens' Technology Strategies


    4. German technology giant Siemens has issued its second digital bond valued at €300 million on blockchain, continuing to expand its expertise in distributed ledger technologies.

    New Digital Bond

    On September 4, the Munich-headquartered multinational announced the issuance of the new bond, following its debut of a €60 million digital bond in 2023. This bond has a one-year maturity and was settled through the private permissioned blockchain of SWIAT using the Bundesbank's Trigger Solution.

    Automation and Blockchain Support

    The transaction was executed in a fully automated manner, within minutes, using central bank money. DekaBank served as the bond registrar, with BayernLB, DZ BANK, Helaba, and LBBW acting as investors. Deutsche Bank facilitated the central bank money settlement.

    By issuing another digital bond, we are demonstrating once again our spirit of innovation and underscoring our aim to continuously drive digital solutions for the financial markets.Ralf P. Thomas, Chief Financial Officer of Siemens

    Siemens' Technology Strategies

    Siemens' blockchain efforts are part of a broader strategy involving new technologies. Earlier in 2024, the company partnered with Sony to explore the metaverse, focusing on industrial applications. The collaboration aims to launch a new mixed-reality headset designed for professional designers and engineers, enhancing productivity with artificial intelligence.

    The issuance of digital bonds and partnerships with technology companies demonstrates Siemens' commitment to innovation and the development of digital financial solutions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Cicely LaMothe Concludes Term at SEC, Leaving Impact on Crypto Regulation

chest

Cicely LaMothe, the influential Deputy Director of the US Securities and Exchange Commission's Division of Corporation Finance, has officially concluded her term, marking a significant moment for SEC crypto regulation.

user avatarMaya Lundqvist

SEC's Staking Guidance Under LaMothe Addresses Regulatory Challenges

chest

Cicely LaMothe's guidance on staking clarified the regulatory treatment of staking-as-a-service programs.

user avatarLeo van der Veen

McAfee Rated Best for Identity Theft Monitoring in 2025

chest

McAfee has been rated as the best antivirus for identity theft monitoring in the 2025 review.

user avatarLucas Weissmann

Malwarebytes Rated Best for Active Malware Removal in 2025

chest

Malwarebytes has been rated as the best for removing active malware in the 2025 review.

user avatarMaya Lundqvist

TotalAV Recognized for Strong First-Year Pricing in 2025

chest

TotalAV has been recognized for its strong first-year pricing and simple controls in the 2025 review, offering good bundle value and ease of use for antivirus protection.

user avatarRajesh Kumar

Surfshark One Recognized for Lightweight Antivirus and Privacy Tools in 2025

chest

Surfshark One has been recognized for its lightweight antivirus combined with privacy tools in the 2025 review.

user avatarFilippo Romano

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.