đ Italy's state-owned bank, Cassa Depositi e Prestiti SpA, just made waves with a $27.2M digital bond issuance on Ethereum's layer-2 Polygon! Partnering with Intesa Sanpaolo, this marks a milestone under Italy's new FinTech decree law.
đĄ The bond, maturing in four months, offers a 3.63% annual coupon. Intesa Sanpaolo, the sole investor, settled the cash flow via Bank of Italyâs âTIPS Hash Link,â bridging blockchain and traditional payment systems.
NiccolĂČ Bardoscia from Intesa Sanpaolo hailed it as a game-changer for financial transactions. Do you think blockchain will revolutionize finance? Share your thoughts below! đŹ