@thebrownpound 27 April 2021

[FinTwit Scoop] 🤯 European Investment Bank to Issue Digital Bonds on Ethereum

****What****?  European Investment Bank will begin using Ethereum to issue two-year digital bonds.

📝 Bloomberg Report https://emojipedia.org/memo/ https://news.bloomberglaw.com/banking-law/eu-investment-arm-offers-two-year-notes-in-debut-blockchain-deal 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**** https://emojipedia.org/hammer/ 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.

/END.TBP