Kookmin Bank of Korea has issued $100 million in blockchain digital bonds, marking a first for a Korean bank. The issuance was conducted through HSBC's digital asset platform, Orion, and will be integrated into the Hong Kong Monetary Authority's Central Depository & Clearing Corporation. This move is part of KB Financial Group's strategy to accelerate digital transformation, leveraging the Hong Kong Monetary Authority's digital bond subsidy scheme to reduce issuance costs.
Kookmin Bank Issues $100 Million in Blockchain Digital Bonds
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