World Bank exploring Swiss franc digital bond settling in wholesale CBDC
Building on two previous digital bond issuances, the World Bank says the next logical step is to issue one that’s settled with a central bank digital currency.
Building on two previous digital bond issuances, the World Bank says the next logical step is to issue one that’s settled with a central bank digital currency.
Data gathered by Swiss researchers shows that firms using blockchain registered an ROI of nearly 200% compared to companies exploring AI, which logged only almost 70% returns on investments.
Valued at $114 million, Lugano's native digital bond will rely on Switzerland's experimental central bank digital currency for settlements.
Taurus received the regulatory nod from Switzerland’s FINMA, allowing retail clients to trade tokenized securities and digital assets on its TDX marketplace.
Blockchain, as the backbone of artificial intelligence, is now being recognized on the global stage, with the Davos crowd declaring that the ledger could be a critical tool in addressing AI bias and misinformation.
The UNHCR is exploring blockchain with an aim to efficiently deliver financial aid to refugees while protecting their identity, a move that is also crafted to help the world embrace the emerging tech.
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.
SEBA Bank, now AMINA, promises improved global customer services; CEO Franz Bergmueller shares a transformative vision, impacting subsidiaries beyond Switzerland.
ETH Zurich leverages AI to revolutionize drug development, identifying active ingredients, and demonstrating potential for accelerated, error-reduced advancements in medical research.
Zurich pioneers digitization with a CHF 100M digital bond on SDX, utilizing CBDC settlements, led by UBS, Raiffeisen, Zurcher Kantonalbank, signaling a new era for Swiss tokenization.
The pilot, dubbed Helvetia Phase III, builds upon two previous studies with collaborations from the Bank for International Settlements and the SIX Digital Exchange.
As part of Singapore's exploration of asset tokenization, the Monetary Authority of Singapore is teaming up with U.K. and Japan regulators in a project focusing on advancing legal, policy, and accounting handling of digital assets.