World Bank sold $33.8 Million in another round of its private Ethereum blockchain bonds

Fibo Quantum

  • The World Bank completed its second round of Ethereum blockchain bonds.
  • It has now issued in total some $108 million of these bonds, which run on a private version of the Ethereum blockchain. 

The World Bank recently issued a second round of its landmark blockchain bonds.

They raised another $33.8 million, selling the “blockchain-operated debt instrument” (bond-i), according to Commonwealth Bank of Australia (CommBank), which managed the sale jointly with RBC Capital Markets and TD Securities.

It was noted that new and existing investors participated in the sale of the second round of bonds. 

In total, the World Bank has now issued some $108 million of these bonds, which run on a private version of the Ethereum blockchain. The CommBank noted:

 The first bond created, allocated, transferred and managed through its life-cycle using distributed ledger technology,