Stellar blockchain selected by German real estate group to issue $24 million bond

2021-1-14 16:06

The Stellar blockchain has been the go-to blockchain for the European real estate group - Vanovia for issuing a €20 million [$24 million] bond. According to the announcement, this three-year bond wiThe post Stellar blockchain selected by German real estate group to issue $24 million bond appeared first on AMBCrypto.

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Societe Generale Issues First Covered Bond (EUR 100m) As a Security Token on the Ethereum Blockchain

Societe Generale SFH, a subsidiary of the Societe Generale Group, announced yesterday that it issued covered bonds worth EUR 100 million as security tokens via the Ethereum network. This is the first time the lending firm has made such a move as it explores ways to use blockchain technology to ease financial transactions.

2019-4-24 18:09


Japan’s Biggest Bank Won a $500 Million Bond Deal, Only to Lose $15 Million

The securities unit of Mitsubishi UFJ Financial Group (MUFG), one of Japan’s largest banks, purchased $500 million in bonds only to fumble up in the red. A move against its competitor Credit Suisse Group AG, the company fought hard to garner what they thought would yield solid profits in 2027, only to receive a mediocre response from investors and $15 million in losses on the table.

2019-3-9 13:00


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Oklahoma Officials Arrest 2 Men Suspected of Masterminding a $14-Million SIM Swap Cryptocurrency Heist

Cryptocurrency-related crimes are closely resembling those drawn out of a James Bond movie script. In late September, Oklahoma officials arrested two men, 21-year-old Joseph Harris and 23-year-old Fletcher Robert Childers, for allegedly stealing around $14 million using SIM-swapping methods from Crowd Machine, a blockchain firm.

2018-10-15 17:59


Argyle Coin Becomes the First Cryptocurrency Ever to be backed by a Performance Bond and Fancy Colored Diamonds Worth $25 Million

Argyle Coin, a blockchain based platform to buy and sell fancy colored diamonds, will protect its investors by two measures viz. a performance bond and $25,000,000 worth of fancy colored diamonds. It will also be the world’s first ever cryptocurrency designed specifically to execute smart contracts for efficient online trading of fancy colored diamonds. August […]

2018-8-26 21:09