Ethereum soars to record high on report of EIB digital bond issuance

28.04.2021 - Korneychuk Evgeniya
Ethereum soars to record high on report of EIB digital bond issuance

Ethereum soared to greater heights on Wednesday as it posted a new record high over the European Investment Bank’s plans to launch a “digital bond” sale on the ethereum blockchain network.

Ether posted its highest record of $2,713.95 on Wednesday, following a more than 5% rally the previous day. The second-largest cryptocurrency in the world was up 1.4% at $2,706.39.

On Tuesday, it was reported that the EIB plans to issue a two-year 100-million euro digital bond, with the sale to be led by Goldman Sachs, Banco Santander, and Societe Generale, according to analysts.

Ether was peaking in demand as investors use the digital asset to purchase virtual art or land, in the form of non-fungible tokens (NFTs), on platforms such as SuperRare and Decentraland.

On Monday, cryptocurrencies rallied from reports that JPMorgan Chase is planning to offer a managed bitcoin fund.

Risk disclaimer "PROMETHEUS LTD – Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH96960 is a financial services institution outside the European Union Area, which is subject to the supervision of the IFMRRC Certificate 0395 AA V0155 Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. 70% of trading deals can be unprofitable. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. supervisory authority as an offer of financial services targeted in Europe. ESMA intervention measures do not apply to customers of PROMETHEUS LTD and it is your responsibility to choose a company which is most suitable for your trading needs. By clicking continue you confirm that you have read, understood and agree to the risk disclosures, terms of service, cash policies, privacy policies and this notice and that you are visiting this website on your own initiative, without any encouragement whatsoever from or PROMETHEUS LTD." Cookies notification: We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we assume that you are happy with it. Read more. Continue

Help with deposit?