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SIX Digital Exchange Issued The World's First Digital Bond With A Volume Of $162 Million
Summary: SIX Digital Exchange (SDX), a digital asset subsidiary of the major Swiss stock exchange operator SIX Group, announced the successful issuance of the world’s first digital bond with a total volume of CHF 150 million (approximately $162 million) and maturity in 2026. The company said this is the world's first issuance of a purely digital bond ...
SIX Digital Exchange (SDX), a digital asset subsidiary of the major Swiss stock exchange operator SIX Group, announced the successful issuance of the world’s first digital bond with a total volume of CHF 150 million (approximately $162 million) and maturity in 2026.
The company said this is the world's first issuance of a purely digital bond in a fully regulated environment. It has been oversubscribed several times and has attracted strong interest from a broad group of institutional investors in Switzerland.
SDX is based on the licensed Corda architecture provided by R3 and operates as an integrated transaction, settlement, and custody infrastructure for digital assets. Thomas Zeeb, Head of Global Markets at SIX, said: "the first issue of a tokenized bond on the SIX Digital Exchange as well as its listing and placement in the market proves that the forward-looking distributed ledger technology (DLT) also works very well in the highly regulated capital market. This transaction marks the beginning of a new era."
By Mary Liu
Tags: R3,SDX,SIX Digital Exchange,swiss
Link: SIX Digital Exchange Issued The World's First Digital Bond With A Volume Of $162 Million [Copy]
