[FinTwit Scoop] 🤯 European Investment Bank to Issue Digital Bonds on Ethereum
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What?
European Investment Bank will begin using Ethereum to issue two-year digital bonds.
EIB plans to use Ethereum to register €100 million (~$120M) worth of digital notes. Goldman Sachs, Banco Santander, and Société Générale will handle the sale.
🔨 Impact
helps reinforce Ethereum’s value proposition as a “global settlement layer.”
If the European Investment Bank and other financial giants are to start issuing payments on Ethereum, mass adoption may be on the horizon.
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