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Siemens has issued digital commercial papers using blockchain technology developed by JPMorgan's Onyx Blockchain and SWIAT, as the trend of asset tokenization continues to spread. In a similar move, Guggenheim Partners' Treasury Services has issued $20 million worth of digital commercial paper on the Ethereum blockchain. This issuance, facilitated by the blockchain platform Zeconomy, marks a significant step as Wall Street increasingly adopts tokenization of real-world assets. The digital commercial paper issued by Guggenheim received a P-1 credit rating from Moody’s, indicating high credit quality.
$20M worth of Digital Commercial Paper Tokenized on Ethereum Guggenheim Treasury Securities, a subsidiary of Guggenheim Capital, has issued $20 million worth of Digital Commercial Paper on Ethereum, receiving a top P-1 credit rating from Moody’s. The DCP is issued through… https://t.co/nWs3RSTYkO
Guggenheim issues $20 million worth of tokenized commercial paper on #Ethereum via @pelimatos https://t.co/J17b6YAjAC
Guggenheim Rolls Out $20M Tokenized Paper on Ethereum – TradFi’s Not Sleeping on DeFi Guggenheim just moved $20M in tokenized commercial paper onto Ethereum, rated P-1 by Moody’s. That’s real-world credit quality meeting decentralized tech. https://t.co/ns5HnamtbG’s platform… https://t.co/fOJeJNxlpK
