May 11, 2025

$520B government-owned bank, Cassa Depositi, trials digital bond issuance on polygon

1 min read

Cassa Depositi e Prestiti Spa (CDP), a state-owned bank, has finished a digital bond issuance valued at $27.2 million with Intesa Sanpaolo, a trillion-dollar investment bank. The bond utilizes Ethereum layer-2 Polygon and will mature on November 18, in only four months.

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Source: Cryptopolitan

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