Northern Trust Testing Fractionalized Bonds on Blockchain
The U.S.-based custody bank is looking to offer fractions of tokenized bonds to retail and small professional investors.
CoinDesk's Noelle Acheson points out the real narrative shift is in the broader market, not bitcoin.
ConsenSys aims to use its new acquisition to offer tokenized municipal bonds in a market ripe for disruption.
The Thai Public Debt Management Office plans to sell the cheaply priced bonds through a state-owned bank’s blockchain e-wallet.
"This unequivocally proves that a debt security can be managed through its full lifecycle," said an exec.
Bank of China has issued 20 billion yuan, or about $2.8 billion, in blockchain-based bonds to small businesses.