Media: European Investment Bank to raise €100 million via Ethereum bonds

The European Investment Bank will issue two-year bonds on the Ethereum blockchain for €100 million, Bloomberg reports.

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Pricing is set for April 28. The arrangers will be Goldman Sachs, Banco Santander and Societe Generale.

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In 2018, Banco Santander became one of the participants in a consortium of Spanish banks that carried out a pilot blockchain project issuing warrants.

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In April 2021, Societe Generale issued the first structured product in the form of security tokens on the public Tezos blockchain.

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Earlier, the Bundesbank tested an independent CBDC-free blockchain solution for settlements.

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