Santander Redeems $20M Bond Using Ethereum Blockchain
Cointelegraph
Published Dec 10, 2019 01:47PM ET
Updated Dec 10, 2019 03:21PM ET
Santander Redeems $20M Bond Using Ethereum Blockchain
Spain’s multinational banking giant Banco Santander (MC:SAN) has just redeemed a $20 million bond using the Ethereum blockchain.
The firm has performed an early repayment of the blockchain-based bond that was issued on Sept.10, 2019, which purportedly shows that the public Ethereum blockchain can be applied to securities issuance across the full lifecycle of a security.
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Written By: Cointelegraph
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