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[South Korea's KB Kookmin Bank Issues $100 Million Blockchain-Based Digital Bond in Hong Kong] According to the Seoul Economic Daily, South Korea's KB Kookmin Bank has issued a $100 million blockchain-based digital bond in the Hong Kong market. This marks the first time the South Korean banking industry has utilized blockchain technology for foreign currency financing. The issuance has reduced the settlement cycle from 5 business days to 3 business days. The two-year USD digital bond was issued through a private placement, with HSBC serving as the sole bookrunner. The issuance process was completed via HSBC's digital asset platform, Orion.

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Today 2026-10-04
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