A closer look at the European Investment Bank’s first Ethereum-based bond
May 11, 2021, 1:00PM EDT · 6 min read
- The lending arm of the European Union recently issued a €100 million bond using the Ethereum public blockchain.
- The transactions were settled with the help of a short-lived supply of digital euros issued by France’s central bank.
- Two officials from the EIB spoke with The Block about how they designed the bond — and what it implies for the future.
The EIB's €100 million bond, issued on Ethereum public blockchain and settled with CBDC, is likely a sign of things to come.
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