Hana Bank taps Euroclear blockchain for $100M bond issuance: Report

Hana Bank has issued South Korea’s first digital bond, valued at $100M, utilizing Euroclear blockchain infrastructure. This five-year bond significantly improved efficiency by shortening the settlement period from three to five business days down to the same day. This issuance highlights a transition toward faster financial transactions with reduced risk, potentially transforming global markets. The use of Euroclear blockchain enabled the bank to streamline the process and achieve immediate settlement for the digital asset.