Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • 2023 Elections
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • 2023 Elections
No Result
View All Result
Nairametrics
No Result
View All Result
Home Markets Cryptos

Ether on record high as European Investment Bank launches digital bond on Ethereum

Olumide AdesinabyOlumide Adesina
2 years ago
in Cryptos
Number of contract calls on Ethereum rises by 300%
Share on FacebookShare on TwitterShare on Linkedin

The world’s utility crypto has broken new highs skyrocketing to a new all-time high on reports that the European Investment Bank is creating a “digital bond” sale using the Ethereum Blockchain.

At Wednesday’s trading session, Ethereum traded at $2,703.06 on the FTX exchange with a daily trading volume of $33 billion. Ethereum is up 3.00% for the day and the utility crypto currently has a market value of $313 billion at the time this report was drafted.

READ: $119 billion valued investment bank, Goldman Sachs to begin offering Crypto in Q2

For the week, Ether has gained about 12% amid strong buying pressures from crypto traders and global investors. In a report credited to Reuters the €100 million (roughly $121 million) digital bond issuance of two-year notes sales will be led by Societe Generale, Goldman Sachs and Banco Santander.

READ: Why this unknown crypto with over 600% gain in 3 months, might still explode

The European Investment Bank joins a number of leading institutions that have entered the cryptoverse lately, using crypto technology for debt issuance.

Ethereum was founded in November of 2013 by Vitalik Buterin and has recorded over 1200% gain in the past year, attracting a lot of developers and apps amid the bullish trend playing out in the crypto market.

Ether’s love among institutional investors is based on its high utility fundamentals. The DeFi is the hottest and the trendiest thing in the cryptoverse since 2020. Ethereum blockchain also maintains the leadership status as almost all DeFi projects are based on Ethereum blockchain.

Related

Tags: digital bondEtherEthereumEuropean Investment Bank

Comments 1

  1. Abubakar Garba Maigana says:
    April 28, 2021 at 5:21 pm

    I get educated daily on this platform due to your contributions.
    Thank u

    Reply

Leave a Reply Cancel reply

Press one
hfm
Mega Millions
fidelity banner
SME
HFM
Patricia





NM newsletters

Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

Recent News

  • Buhari approves July 28 as new date for conclusion of deep offshore oil block mini-bid round activities
  • Fears of a global recession could mean lower oil revenues for Nigeria
  • Car production: ANAMMCO now assembling heavy duty trucks in Nigeria

Follow us on social media:

Recent News

Buhari approves July 28 as new date for conclusion of deep offshore oil block mini-bid round activities

Buhari approves July 28 as new date for conclusion of deep offshore oil block mini-bid round activities

April 1, 2023
Fears of a global recession could mean lower oil revenues for Nigeria

Fears of a global recession could mean lower oil revenues for Nigeria

April 1, 2023
  • Download Nairametrics iOS App
  • Download Nairametrics Android App
  • Home
  • Exclusives
  • Markets
  • Industries
  • Economy
  • Business News
  • Financial Literacy
  • Opinions

© 2023 Nairametrics

No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • 2023 Elections

© 2023 Nairametrics

error: Alert: Content selection is disabled!!