World’s first blockchain bond – American Security Resources Corp. (OTCMKTS:ARSC)

Aiming to simplify capital raising and trading, Commonwealth Bank of Australia (OTCPK:CMWAY) has won a mandate from the World Bank to arrange a pioneering Kangaroo bond issue to be created and run using only blockchain.

No size or date was given for the new debt instrument, nicknamed “bond-i” after Australia’s iconic Bondi Beach, but it will be launched after a period of consultation with more investors.

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