Siemens issues its first digital bond on blockchain

German industrial giant Siemens has issued its first digital bond on public blockchain. The bond has a face value of €60 million and a maturity of one year. Blockchain allows bonds to be sold directly to investors and makes paper global certificates and central clearing unnecessary, the German industrial giant said Tuesday. In all, we see that Siemens shares were marginally down Tuesday morning. Siemens and the digital bond on blockchain: all the details Siemens is one of the first companies in Germany to issue a digital bond in accordance with the German Electronic Securities Act (Gesetz über elektronische Wertpapiere,