Log in

News

European Investment Bank taps Ethereum blockchain for bond issuance

Updated: Jul 25, 2024
Published: Apr 27, 2021
0
Share:

Blockchain technology has become popular amongst traditional financial institutions, thanks to its features. The European Investment Bank (EIB) is set to issue bonds on the Ethereum blockchain tomorrow.

Post Feature Image

EIB to issue bonds on the Ethereum blockchain

The European Investment Bank (EIB) is set to partner with Goldman Sachs International, Santander, and Societe Generale to issue EUR100 million bonds on the Ethereum blockchain. The bonds would be issued tomorrow, April 28.

Bloomberg reported earlier this month that the EIB has partnered with these banks to explore a digital bond issuance using blockchain technology for registration and settlements. At the time, the EIB didn’t announce the blockchain platform it intends to use. However, it seems to have chosen the Ethereum network.

The EIB will issue the EUR100 million 2-year bond on the Ethereum blockchain. The investment bank could have chosen Santander and Societe Generale because of their experience in this area. Both banks previously issued bonds on a public blockchain, with Santander handling EUR20 million while Societe Generale handling EUR140 million.

Granted, using blockchain technology to issue bonds provides numerous advantages to these banks. Blockchain technology digitizes a relatively manual issuance process, provides a shared registry without a central securities depositary, and ensures instant settlement or delivery.

Governments adopting blockchain for bond issuance

This wouldn’t be the first time a government-backed bank is issuing bonds using blockchain technology. The World Bank was one of the first to deploy it after leveraging the technology to issue bonds in Australia three years ago.

Additionally, Thailand and the Philippines have also issued treasury bonds using blockchain technology. Consequently, the numerous advantages of the blockchain technology could convince more banks to issue bonds on platforms such as Ethereum.

Banque de France says the digital bond is a CBDC esperiment

France’s central bank, Banque de France, announced yesterday that the issuance of the EUR100 million digital bond was a CBDC test. The bank stated that “In the coming months and in cooperation with the market, the Banque de France will conduct additional experimentations to assess other uses of central bank digital currency in interbank settlements.”

Several countries are already testing ways to develop their CBDCs and the central bank of France is also making its moves.

100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included in Pro:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
This Week's Setup: 27th of October
Market Updates
This Week's Setup: 27th of OctoberIt’s a big week in markets, and you don’t want to miss what’s coming. The Fed meets, Trump and Xi ar...
7 min read
Oct 27, 2025
Time Sensitive: The 4x Market-Neutral Trade Everyone’s Missing
PRO
Research Report
Time Sensitive: The 4x Market-Neutr...Opportunities like this are rare in crypto. Most launches are driven by hype or speculation with no ...
11 min read
Oct 27, 2025
BTC, ETH and More: Breakouts Loom on Pennants, Key Levels Ahead
PRO
Market Direction
BTC, ETH and More: Breakouts Loom o...The market is coiling in pennants after the inflation beat. All eyes on major resistance and breakdo...
6 min read
Oct 24, 2025