Hana Bank issues South Korea's first blockchain-based digital bond via Euroclear

South Korea's Hana Bank has issued the country's first digital bond using Euroclear's blockchain platform. The bond, denominated in foreign currency, was valued at $100 million. The blockchain-based issuance significantly reduced settlement time to same-day, compared to the traditional three-to-five business day window. This marks a notable milestone in South Korea's adoption of blockchain technology within its financial sector.