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Israel's government and Tel Aviv Stock Exchange preparing to issue digital state bond

2022/10/19 06:59

According to Coindesk, Israel's Ministry of Finance and the Tel Aviv Stock Exchange (TASE) are preparing to issue a blockchain-based digital state bond. The Israeli government and TASE are partnering with digital asset infrastructure firms Fireblocks and VMWare to perform live testing of a new platform using smart contracts and tokenization for the trading and clearing of digital bonds. The government and TASE's aim is to streamline processes, reduce costs and shorten the duration of issuance and clearing of state bonds.
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