Investors lap up WB blockchain bonds
The World Bank raised Aus$110 million ($80.9 million) in the first-ever blockchain bond offering following investor demand that exceeded expectations, the global lender has announced.
The Washington-based bank, which has embraced blockchain as a valuable tool in its economic development mission, had initially expected to garner Aus$50 million ($36.8 million) for the two-year bond, with a possible doubling of that size depending on investor interest.
Related Posts