• 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

WeWake Simplifies Web3 Onboarding with Gasless Transactions

chest

WeWake simplifies Web3 onboarding by allowing users to sign in with familiar methods like Google or Apple, eliminating the need for seed phrases or complex wallet setups, and enabling gas-free transactions.

user avatarEmily Carter

Ethereum's New Upgrade Aims to Boost Staking and Layer 2 Solutions

chest

Ethereum has recently introduced a major upgrade that focuses on enhancing gas fees and execution efficiency, impacting staking and Layer 2 solutions.

user avatarTomas Novak

Litecoin, Solana, and Cardano Maintain Popularity in 2025

chest

Litecoin, Solana, and Cardano are maintaining their popularity in the crypto market due to their reliability and growth potential.

user avatarMaya Lundqvist

Hedera Strengthens Its Position Among Popular Cryptos

chest

Hedera is solidifying its status in the crypto market with its enterprise-grade architecture and partnerships with major global companies.

user avatarKaterina Papadopoulou

XDC Network Sees Unprecedented Growth and Global Engagement in November

chest

November was a transformative month for the XDC Network, characterized by significant technological upgrades, enterprise adoption, and enhanced global visibility.

user avatarLeo van der Veen

EU Proposes Enhanced Powers for ESMA to Oversee Crypto Firms

chest

The European Commission has proposed giving ESMA new powers to directly supervise crypto firms, aiming to unify oversight and boost investor confidence.

user avatarLi Weicheng

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.