Hana Bank issues a reported $100 million foreign-currency digital bond through Euroclear’s blockchain infrastructure, according to Cointelegraph and CoinDesk. The bond is described as a five-year security and is issued on a blockchain platform tied to Euroclear.
The outlets say the move is designed to reduce settlement time. They report that settlement is shortened from the typical three to five business days down to same-day settlement. CoinDesk characterizes the issuance as South Korea’s first digital bond, while both sources describe Hana Bank as a major South Korean lender and link the reduced settlement timeline to Euroclear’s blockchain capabilities.
While both accounts focus on the settlement-time improvement and the use of Euroclear’s blockchain, they vary slightly in framing—CoinDesk emphasizes the “first digital bond” aspect in the country, while Cointelegraph leads with the scale of the issuance and the reported settlement change.
