The World Bank raised more than $33 million in funding for the first blockchain bond project

According to Cointelegraph, the World Bank announced on August 16 that it raised more than $33 million in funding for the world's first blockchain bond project, kangaroo bonds. It is reported that this is the first bond to create, distribute, transfer and manage the entire lifecycle using distributed ledger technology. This blockchain bond will be issued and traded on the blockchain platform operated by the World Bank and the Commonwealth Bank of Australia at the time of issue.