August 20, 2019 World Bank issues second round of tokenized bonds on the Ethereum blockchain.

The institution sold $33.8M worth of “blockchain-operated debt instruments,” or ‘Bond-I’s,’ in a sale managed jointly by the Commonwealth Bank of Australia, RBC Capital Markets and TD Securities. The World Bank has raised over $160M from the sale of tokenized bonds, including $81M from a sale last August, also supported by the Commonwealth Bank of Australia. Bond-I’s are “the first bond whose issuance and trading are recorded using distributed ledger technologies” and may be traded freely on secondary markets.