• 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

Crypto Mining Stocks Surge Following Meta's AI Infrastructure Announcement

chest

Crypto mining stocks surged following Meta's announcement of a large-scale AI infrastructure initiative.

user avatarMohamed Farouk

OG Bitcoin Miner Resurfaces with 2,000 BTC Move

chest

An early Bitcoin miner has moved 2,000 BTC, marking significant activity from this cohort.

user avatarKenji Takahashi

Cameron Fous Achieves $302,000 Profit from XRP Trade

chest

Prominent trader Cameron Fous achieved a profit of approximately $302,000 from a well-planned XRP trade executed within 14 days, highlighting the importance of structured trading strategies.

user avatarElias Mukuru

Shiba Inu Prints Rare Short-Term Bullish Crossover

chest

Shiba Inu has recently printed a mini golden cross, marking its first significant bullish signal in weeks.

user avatarDiego Alvarez

XRP Faces Resistance Below Major Moving Averages

chest

XRP continues to trade below critical moving averages, indicating a bearish trend despite a recent rebound.

user avatarMaria Fernandez

Dunamu's Record Fine Sets Precedent for VASPs

chest

The recent 352 billion won fine imposed on Dunamu, the operator of the Upbit exchange, sets a powerful precedent for compliance expectations within the VASP sector.

user avatarGustavo Mendoza

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.