[ad_1] <br><p> UBS has launched a CHF375 million digital bond that's publicly traded and settled on each conventional and blockchain-based exchanges. </p><div id="ctl00_ctl00_body_mainContent_NewsActicle_pnlBody"> The Swiss lender says that is the primary ever digital bond by a banking establishment globally that can be listed, traded and settled on a regulated digital trade - SIX Digital Alternate (SDX).<p>The bond settles through SDX distributed ledger-based central securities depository community via atomic settlement expertise. Settlement is on the spot and computerized and doesn't require a central clearing counterparty, says UBS.</p><p>The bond may even be listed and traded on the normal SIX Swiss Alternate.</p><p>Beatriz Martin, UBS group treasurer, says: "We're proud to leverage distributed ledger expertise to launch the inaugural UBS digital bond. This reveals our dedication to help the event of recent monetary market infrastructure." </p></div> <br>[ad_2] <br><a href="https://news.google.com/__i/rss/rd/articles/CBMiYGh0dHBzOi8vd3d3LmZpbmV4dHJhLmNvbS9uZXdzYXJ0aWNsZS80MTI4MS91YnMtbGF1bmNoZXMtYm9uZC10cmFkZWQtb24tYmxvY2tjaGFpbi1iYXNlZC1leGNoYW5nZdIBAA?oc=5">Source link </a>
UBS launches bond traded on blockchain-based exchange
[ad_1] UBS has launched a CHF375 million digital bond that's publicly traded and settled on each conventional and blockchain-based exchanges. The Swiss lender says that is the primary ever digital bond by a banking establishment globally that can be listed, traded and settled on a regulated digital trade - SIX Digital Alternate (SDX).The bond settles through SDX distributed ledger-based central securities depository community via atomic settlement expertise. Settlement is on the spot and computerized and doesn't require a central clearing counterparty, says UBS.The bond may even be
