The state-owned bank has launched the country’s first digital bond on blockchain. Photo: EPA-EFE The state-owned bank has launched the country’s first digital bond on blockchain. Photo: EPA-EFE
The state-owned bank has launched the country’s first digital bond on blockchain. Photo: EPA-EFE
Business /  Banking & Finance

China Construction Bank sells US$3 billion worth of debt on blockchain

  • First from a Chinese bank, the US$3 billion digital certificates of deposit set to be traded on a digital exchange in Labuan, Malaysia using bitcoin
  • Blockchain is making stocks and bonds more accessible to retail investors

Topic |   Banking & Finance
Georgina Lee
Georgina Lee

Updated: 11:14pm, 11 Nov, 2020

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The state-owned bank has launched the country’s first digital bond on blockchain. Photo: EPA-EFE The state-owned bank has launched the country’s first digital bond on blockchain. Photo: EPA-EFE
The state-owned bank has launched the country’s first digital bond on blockchain. Photo: EPA-EFE
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