Crédit Agricole Leads Tokenized SME Bond Trials with Bank of Italy: Blockchain Revolutionizes Debt Instruments

05/21 09:15

Crédit Agricole is collaborating with the Bank of Italy’s Fintech Milano Hub to trial a tokenized bond solution for Italian SMEs’ debt instruments. The solution is powered by BlockInvest and backed by Crédit Agricole, and includes a consortium consisting of Crédit Agricole Italy, Indosuez, Illimity, and Deloitte. The tokens will only be purchasable by accredited investors, and BlockInvest plans to explore the possibility of a secondary market using its blockchain standard.

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