Slovenia made history by issuing the eurozone's first sovereign digital bonds, using Canton's blockchain platform for blockchain settlement.

Slovenia issued the eurozone's first sovereign digital bonds in an on-chain transaction organized by French banking giant BNP Paribas and using the Bank of France's tokenized monetary solution.

In a press release on Friday, BNP Paribas said the issuance is part of the European Central Bank's wholesale central bank settlement experiment program. The digital bond from Slovenia was issued using BNP Paribas' Neobonds platform, which runs on the Canton blockchain.

“BNP Paribas is committed to contributing to Eurosystem-led wholesale digital settlement solutions that will make bond settlements more efficient and secure,” BNP Paribas CIB head of global primary markets FrĂ©dĂ©ric Zorzi said in a press release.

BNP Paribas reports that Neobonds has secured legal ownership of digital bonds, allowing network participants to manage the operational structure for issuing and trading bonds on secondary markets. The bond with a nominal value of €30 million has a coupon of 3.65% and matures on November 25

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