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Hana Bank Put $100M on Blockchain and Skipped the 5-Day Wait
Published Source: Bitcoin.com NewsRead original
Crypto Insight Summary: Hana Bank raised $100 million with a five-year foreign-currency digital bond and settled the entire transaction the same day, collapsing a process that normally takes three to five business days into T+0. Issued through Euroclear’s blockchain-based D-FMI, the deal marked the first time a Korean financial institution directly used Euroclear’s infrastructure for a digital bond […] Crypto Insight Analysis: Direction: Bullish ETH / Neutral BTC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Blockchain bond settlement boosts institutional adoption, benefiting ETH more than BTC.