• 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

2 years 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

Ethereum Whale Withdraws 9,000 ETH from Binance, Signals Shift to DeFi

chest

A significant Ethereum whale linked to Chun Wang withdrew 9,000 ETH from Binance, signaling a shift towards decentralized finance.

user avatarAyman Ben Youssef

HYPE Tokens Surge Over 60% Year-to-Date Amid Innovative Strategies

chest

HYPE tokens have surged over 60% year-to-date due to innovative strategies, including a tripledip staking approach and ongoing buybacks, creating a deflationary environment that boosts market confidence.

user avatarTando Nkube

Hyperion Reports Strong Q4 Performance with 64% Revenue Growth

chest

Hyperion reports a remarkable 64% increase in Q4 revenue and an 87% surge in adjusted gross profit, while successfully reducing core operating expenses by 30%.

user avatarKofi Adjeman

Ethereum's Role in APEMARS Success

chest

APEMARS is leveraging Ethereum's robust infrastructure, utilizing the ERC20 standard to enhance its security and usability.

user avatarNguyen Van Long

Conviction of Tornado Cash Co-founder Sparks Regulatory Debate

chest

The conviction of Roman Storm, co-founder of Tornado Cash, has sparked a debate on decentralized finance regulation in Washington.

user avatarSatoshi Nakamura

Digital Asset Market Clarity Act Faces Senate Stalemate

chest

The Digital Asset Market Clarity Act of 2025 categorizes crypto assets but is stalled in the Senate over stablecoin yield disputes.

user avatarJesper Sørensen

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.