Clearstream, DekaBank, DZ Bank Issue Tokenized Bonds on DLT

July 1, 2024, 8:11 AM UTC

Clearstream, DekaBank and DZ Bank have jointly issued two tokenized €5 million bonds using distributed-ledger technology (DLT), according to Deutsche Boerse statement.

  • Issuances took place in context of ECB trials aimed at exploring the potential of DLT for settling wholesale transactions in central bank money
  • Processes run on Deutsche Boerse’s D7 DLT
  • ECB trials timeframe is set for May to November 2024

To contact the reporter on this story:
Andrey Biryukov in Dubai at abiryukov5@bloomberg.net

To contact the editors responsible for this story:
Deana Kjuka at dkjuka@bloomberg.net

Laura Malsch

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