World Bank, Euroclear Join Forces to Unveil Digital Native Security Issuance on Blockchain

Belgium-based bank Euroclear has launched the first digital native security on the Luxembourg Stock Exchange together with the World Bank.

The €100 million digital bond – Digitally Native Notes (DNN) – issuance by the World Bank involves the distribution and settlement of fully digital financial assets through distributed ledgers, a company press release noted.

Throughout the issuance of digital securities through blockchain, Citi Group’s Issuer Services acted as the agent for issuance and payments and Canadian investment bank TD Securities acted as the dealer.