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Italy's financial market has achieved a significant milestone with the issuance of its first fully tokenized bond, valued at €25 million, by top banks including Intesa Sanpaolo, which manages assets worth $1 trillion. This bond was issued using the Polygon Proof of Stake (PoS) blockchain infrastructure, marking a notable advancement in on-chain financial services. The collaboration between Gruppo CDP and BlockInvestit highlights the growing role of blockchain technology in enhancing efficiency, transparency, and transaction speed in financial operations.
Italy’s Top Banks Issue Digital Bonds on Polygon! Italy’s top banks are making waves with a 25 Million Euro digital bond issuance on Polygon! This innovative move shows the power of blockchain in finance, promising efficiency, transparency, & faster transactions! Read On 👇… https://t.co/vc2RlH9bwZ
Italy’s top banks (including Intesa Sanpaolo with $1T in assets) just completed a 25M euro bond issuance on Polygon. Don’t they know Polygon is dead!? 😱 https://t.co/SpYI9lRhvX
1.9 billy in stablecoins on @0xPolygon POS! https://t.co/0SjPHmLWnU