19 days ago • Posted by Martin Boujol
European Investment Bank launches digital bond using ETH network
The price of Ethereum soared to a new all-time high on Wednesday, reaching the new peak of $2.709. ETH's market cap has now reached $312 billion. We can attribute this surge to many factors, but according to Reuters, the main one is the European Investment Bank launching a digital bond using the Ethereum network. The EIB is issuing a two-year €100 million digital bond. The same operation was done by Societe General SFH on April 23rd.