South Korea’s Hana Bank issues $100 million in digital bonds via Euroclear’s blockchain platform.
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South Korea’s Hana Bank issued $100 million in digital bonds via Euroclear’s blockchain settlement platform on September 21, completing both the issuance and settlement on the same day. Euroclear stated that the foreign currency bonds were issued on its Digital Financial Market Infrastructure (D-FMI) using distributed ledger technology, cutting the settlement process—traditionally taking 3 to 5 business days—to a same-day completion. Hana Bank noted that this marks the first time a South Korean financial institution has directly utilized Euroclear’s distributed ledger infrastructure. Standard Chartered served as the sole lead underwriter for the bond issuance. This transaction comes as South Korea prepares a regulatory framework for tokenized securities, with the country planning to launch a full tokenized securities system in February 2027.
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