Santander Settles Both Sides of a $20 Million Bond Trade on Ethereum
Santander has issued a $20 million bond on ethereum, and paid fiat cash for it on the public blockchain as well.
Santander's new hire, Trish Burgess, formerly helped lead the launches of Apple Card and Apple Pay.
"This unequivocally proves that a debt security can be managed through its full lifecycle," said an exec.
A group of Spanish companies, including banks and energy firms, is working to develop a "self-managed" digital identity system using blockchain technology.
MUFG launched a 22-member research consortium of security issuers, broker dealers and tech companies to set standards for security token management.
The SEC-regulated firm raised $14 million from notable investors across traditional and blockchain finance.