UBS AG launches digital bond settled on blockchain and traditional exchanges By Cointelegraph
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UBS AG launches digital bond settled on blockchain and traditional exchangesSwiss investment bank UBS AG introduced its hybrid digital bond on Nov. 3, claiming to be the world’s first publicly traded bond that’s settled on both blockchain-based and traditional exchanges.
According to the bank, the digital bond has the same instrument structure, legal status and rating as a traditional UBS AG senior unsecured note. In its statement, the bank said:
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UBS AG launches digital bond settled on blockchain and traditional exchangesSwiss investment bank UBS AG introduced its hybrid digital bond on Nov. 3, claiming to be the world’s first publicly traded bond that’s settled on both blockchain-based and traditional exchanges.
According to the bank, the digital bond has the same instrument structure, legal status and rating as a traditional UBS AG senior unsecured note. In its statement, the bank said:
Continue Reading on Coin Telegraph
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