🚀 Italy's state-owned bank, Cassa Depositi e Prestiti SpA, and investment giant Intesa Sanpaolo just issued a $27.2M digital bond on Ethereum's layer-2 Polygon. Talk about going digital in style! 💼
- This groundbreaking trial, backed by the European Central Bank, aims to revolutionize central bank money settlements on blockchains.
- The bond, maturing in four months, offers a 3.63% fixed annual coupon.
- Cash flow was settled via Bank of Italy’s "TIPS Hash Link," bridging blockchains and traditional payments.
Niccolò Bardoscia from Intesa Sanpaolo says this tech will soon impact all asset classes. Watch this space!