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World Bank Raises $33M Via Blockchain For Its Kangaroo Bond

The World Bank raised over $33 million for its Kangaroo bond on a blockchain. The international organization announced on Aug. 16 that it raised an additional A$50 million (over $33 million) for its Kangaroo bond due August 2020, using a blockchain.
The report claims that this is the first bond which has been created, allocated, transferred and managed through its life cycle using distributed ledger technology (DLT).

 

 

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