Santander successfully redeems $ 20 million bond issued on the Ethereum blockchain in September

According to CoinDesk news, recently, Santander Bank of Spain redeemed the US $ 20 million bond issued on the Ethereum blockchain in September. John Whelan, head of digital investment banking at Santander Bank and chairman of the Enterprise Ethereum Alliance, said, "We just redeemed the blockchain bonds issued on September 10, 2019 in advance. This clearly proves that debt securities can be in the district. The entire life cycle is managed on the blockchain. "He also provided public evidence of blockchain transactions on Etherscan, which is visible to both issuer and investor wallets. In this pilot transaction, Santander was both an investor and an issuer.