Lugano settles second digital bond using wholesale CBDCs
Valued at $114 million, Lugano's native digital bond will rely on Switzerland's experimental central bank digital currency for settlements.
Valued at $114 million, Lugano's native digital bond will rely on Switzerland's experimental central bank digital currency for settlements.
Swiss cities of Basel and Zurich are pioneering the use of wholesale CBDCs from the Swiss National Bank to settle digital bonds, marking a significant step in the tokenization of financial assets.