According to Odaily Planet Daily, the International Capital Market Association (ICMA) has released a reference guide for digital debt based on DLT. The guide was developed by ICMA's DLT Bond Working Group, chaired by Christoph Hock of Union Investment.
Hock pointed out that the token economy, especially DLT-based bonds, has become important in recent months, and the ECB's DLT settlement experiment has promoted increased activity. He stressed that the current value chain is highly fragmented and looks forward to strengthening cooperation and standardization.
As an asset management company, Union Investment has been active in the digital bond field since April 2021 and has participated in multiple digital bonds issued by the European Investment Bank (EIB).