Euroclear Launches Digital Securities Issuance with World Bank Bond

Euroclear Settles World Bank Bond, Launches Digital Security Service

Euroclear launches a digital securities issuance service. It settles a €100 million ($106 million) digital World Bank bond as the first step in its digital infrastructure planning. On 23 October, a three year bond termed as "digitally native note" was issued by the International Bank for Reconstruction and Development, a part of the World Bank, to raise funds for sustainable development. It was registered on the Luxembourg Stock Exchange. Euroclear's digital infrastructure is merged with its traditional secondary operations platform. It bonds to the EU's Central Securities Depositories Regulation, employing R3's Corda blockchain technology. This step aligns with the global trend toward digitization in the capital markets.