Odaily Planet Daily News 📢 German industrial giant Siemens AG announced on Wednesday that it had issued a 300 million euro (about 330 million US dollars) digital bond on the blockchain as part of a trial by the European Central Bank (ECB). The issuance attracted investments from major German financial institutions including BayernLB, DekaBank, DZ BANK, Helaba and Baden-Württemberg State Bank (LBBW).

Deutsche Bank also participated to assist in the settlement process. It is worth mentioning that Siemens issued a 60 million euro bond through Polygon last year and improved on this basis. At that time, the transaction took two days (T+2) to settle. 🚀

This move marks the further penetration of blockchain technology in the traditional financial field and lays the foundation for future digital financial innovation. Although the overall market performance is neutral, the outlook for Bitcoin remains optimistic. 🌟