Crypto
KB Kookmin Bank issues first US dollar digital bond by a Korean bank
KB Kookmin Bank has successfully issued a blockchain-based US dollar digital bond, the first such deal by a South Korean bank. The bank said it sold a $100 million two-year digital bond with HSBC as sole arranger. The bond was issued via the HSBC Orion digital asset platform and linked to a clearing and settlement system run by a central securities depository under the Hong Kong Monetary Authority.
