Search results for Euroclear
Crypto
Hana Bank issues South Korea\'s first same-day settlement digital bond worth $100 million
Hana Bank issued a blockchain-based digital bond and became the first in South Korea’s foreign-currency bond market to implement same-day settlement, or T+0. The bank said it used Euroclear’s blockchain platform D-FMI to issue a $100 million, five-year foreign-currency digital bond. The digital bond processes issuance, registration and settlement on a distributed ledger network. Standard Chartered served as sole lead manager for the transaction.
Crypto
Bullish to acquire Equiniti, integrate shareholder management and tokenisation platform
Crypto exchange Bullish will acquire global transfer agent Equiniti from private equity firm Siris for $4.2 billion, The Block reported on May 5. Transfer agents officially record and manage ownership transfers of securities such as stocks and bonds. Equiniti processes $500 billion in annual payments and holds shareholder data on 20 million people. Bullish said it will combine its blockchain issuance and compliance services with Equiniti’s shareholder record system.
Crypto
Hanwha Investment & Securities signs MOU with Digital Asset Holdings, joins Canton Network
Hanwha Investment & Securities said on April 20 it signed a memorandum of understanding with Digital Asset Holdings LLC, a blockchain infrastructure company focused on global finance. Digital Asset, headquartered in New York, operates the Canton Network, a blockchain adopted by major global financial institutions including Goldman Sachs, the Depository Trust and Clearing Corporation, Euroclear, Hong Kong Exchanges and Clearing and HSBC. Hanwha said it plans to strengthen competitiveness in digital assets and next-generation financial services through participation.