UnionBank, Standard Chartered Tap Blockchain for $190 Million Bond Issuance btcmanager.com

The Filipino branch of UnionBank and Standard Chartered, have joined forces to launch a distributed ledger technology (DLT) based bond issuance platform. The system has successfully been used to tokenize and issue PHP 9 billion ($190 million) worth of bonds, according to reports on December 7, 2020.