• 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

BNB Chain Introduces a $1 Million Trading Contest.

chest

BNB Chain has launched a USD1 trading competition with a total prize pool of $250,000.

user avatarMohamed Farouk

DFINITY Foundation Proposes Changes to Voting Rewards and Node Payments

chest

DFINITY Foundation proposes changes to voting rewards and node payments to reduce long-term inflation while maintaining governance participation.

user avatarKenji Takahashi

BlackRock's BUIDL Fund Debuts on BNB Chain.

chest

BlackRock's USD Institutional Digital Liquidity Fund, known as BUIDL, officially launched on BNB Chain in January 2026, becoming the world's largest tokenized real-world asset fund.

user avatarElias Mukuru

Key Factors for Bitcoin SV's Path to $100

chest

Key factors such as market structure, utility, and macroeconomic conditions are crucial for Bitcoin SV's price growth.

user avatarRajesh Kumar

Zama Token Sale Introduces Exclusive Sealed-Bid Dutch Auction.

chest

Zama, an open-source cryptography company, is set to launch a unique sealed-bid Dutch auction for its native ZAMA token, utilizing Fully Homomorphic Encryption technology.

user avatarDiego Alvarez

Clappfinance Introduces Innovative Crypto Savings Account

chest

Clappfinance has launched Clapp Flexible Savings, a new crypto savings account designed to provide users with daily interest and instant access to their funds.

user avatarMaria Fernandez

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.