• 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

10 months 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.

Other news

SEC Approves Grayscale's New Multi-Asset ETF Including XRP

chest

The U.S. SEC has approved an ETF featuring XRP, which could impact the token's price and pave the way for more ETFs.

user avatarGiorgi Kostiuk

Budget Bill Advances Without Cryptocurrency Tax Provisions in the US Senate

chest

The US Senate approved a budget bill, excluding any cryptocurrency tax provisions, providing relief to the digital asset community.

user avatarGiorgi Kostiuk

Altcoins Gaining Momentum: MAGACOIN FINANCE Attracts Attention

chest

As Q3 2025 approaches, the crypto market shifts focus to promising altcoins such as MAGACOIN FINANCE.

user avatarGiorgi Kostiuk

Figma Makes Significant Investments in Bitcoin ETF and Plans Additional Purchases

chest

Figma announced $70 million in Bitcoin ETF holdings and plans to invest an additional $30 million, highlighting the trend of corporate reserves in cryptocurrency.

user avatarGiorgi Kostiuk

Bitget and Mastercard Launch Zero-Fee Crypto Card

chest

Bitget introduces a new Mastercard crypto card for users in the UK and EU, allowing fee-free payments.

user avatarGiorgi Kostiuk

Decentralized Exchanges Capture the Market: Declining Volumes on Centralized Platforms

chest

Decentralized exchanges now account for 28.4% of trading volumes as centralized platforms lose ground.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.