KB Kookmin Bank raises $100m through blockchain powered digital bond sale

cryptonews06-11

KB Kookmin Bank has completed a $100 million blockchain-based digital bond sale, becoming the first South Korean bank to use distributed ledger technology for foreign currency fundraising. Summary ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKB Kookmin Bank raises $100m through blockchain powered digital bond sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-11 17:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/kb-kookmin-bank-raises-100m-through-blockchain-powered-digital-bond-sale/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KB Kookmin Bank has completed a $100 million blockchain-based digital bond sale, becoming the first South Korean bank to use distributed ledger technology for foreign currency fundraising.\n\n\nSummary\n\n...</p>\n\n<a href=\"https://crypto.news/kb-kookmin-bank-raises-100m-through-blockchain-powered-digital-bond-sale/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SOFR","symbol_name":"Amplify Samsung SOFR ETF","start_time":0,"source_url":"https://crypto.news/kb-kookmin-bank-raises-100m-through-blockchain-powered-digital-bond-sale/","article_id":"2642000614","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/kb-kookmin-bank-raises-100m-through-blockchain-powered-digital-bond-sale/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2642000614","pubTimestamp":1781169139,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"KB Kookmin Bank has completed a $100 million blockchain-based digital bond sale, becoming the first South Korean bank to use distributed ledger technology for foreign currency fundraising.The issuance adds to KB’s growing blockchain efforts, which already include tokenized deposits for government payments and a stablecoin linked card payment system.Under the new structure, settlement was completed in three business days instead of the five days typically required under conventional bond issuance processes. A bank official told local media that the approach simplifies procedures and lowers settlement default risk compared with traditional methods.Kookmin expands blockchain use across payments and finance. Earlier this year, KB Kookmin Card announced plans to develop a hybrid stablecoin credit card system with Avalanche and OpenAsset. According to local reports at the time, the system would allow customers to spend stablecoins held in blockchain wallets while automatically drawing on a t","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"SOFR":"Amplify Samsung SOFR ETF","BKCH":"AdvisorShares Sabretooth ETF","KB":"韩国国民银行","BNDW":"Vanguard Total World Bond ETF","HECO":"SPDR Galaxy Hedged Digital Asset Ecosystem ETF","BK4207":"综合性银行"},"translate_title":"KB国民银行通过区块链驱动的数字债券销售筹集1亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BKCH":1.5,"KB":1.5,"BNDW":1.5,"HECO":1.5,"SOFR":1},"content_text":"KB Kookmin Bank has completed a $100 million blockchain-based digital bond sale, becoming the first South Korean bank to use distributed ledger technology for foreign currency fundraising.\n\n\nSummary\n\n\n\nKB Kookmin Bank has issued a $100 million blockchain based digital bond, the first foreign currency fundraising deal of its kind by a South Korean bank.\nThe two year bond was sold in Hong Kong through HSBC’s Orion platform, reducing settlement time from five business days to three.\nThe issuance adds to KB’s growing blockchain efforts, which already include tokenized deposits for government payments and a stablecoin linked card payment system.\n\n\n\nAccording to local media reports, the bank issued the two-year U.S. dollar-denominated bond through a private placement in Hong Kong. The offering was priced at the Secured Overnight Financing Rate (SOFR) plus 0.4 percentage points.\nHSBC acted as the sole bookrunner for the transaction, while issuance took place on Orion, the bank’s digital asset platform. Kookmin Bank said the deal used blockchain technology throughout the bond’s lifecycle, covering issuance, registration, trading, and settlement.\nUnder the new structure, settlement was completed in three business days instead of the five days typically required under conventional bond issuance processes. A bank official told local media that the approach simplifies procedures and lowers settlement default risk compared with traditional methods.\nThe transaction adds to a series of blockchain-based financial projects pursued by KB Financial Group as South Korea’s banking sector tests digital asset infrastructure in regulated environments. Kookmin Bank described the issuance as a practical application of blockchain technology in real-world fundraising rather than a limited pilot or proof-of-concept exercise.\nKookmin expands blockchain use across payments and finance\nRecent initiatives show the lender has been extending blockchain technology beyond capital markets.\nEarlier this year, KB Kookmin Card announced plans to develop a hybrid stablecoin credit card system with Avalanche and OpenAsset. According to local reports at the time, the system would allow customers to spend stablecoins held in blockchain wallets while automatically drawing on a traditional credit line whenever wallet balances are insufficient.\nAvalanche is expected to handle on-chain issuance, transfers, and settlement, while merchants continue receiving payments through existing card infrastructure. The design preserves conventional card benefits and reward programs while introducing blockchain-based payment functionality.\nGovernment-backed blockchain projects have also included Kookmin Bank among participating institutions. In April, South Korea’s Ministry of Economy and Finance selected a regulatory sandbox project that will use tokenized bank deposits for public sector spending, with a rollout planned for the fourth quarter of 2026.\nNine banks, including KB Kookmin, Shinhan, Woori, and Hana, are involved in that initiative. According to the ministry, the system connects the government’s Digital Budget and Accounting System with a distributed ledger network, allowing spending conditions to be programmed in advance and creating an auditable record of how public funds are used.\n\n\n\n\n\n                Read more:\n            \n\n                Bithumb CEO booked in bribery probe tied to lawmaker’s son","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2642000614","isCrawlerRequest":true}