On 24 October 2023, Luxembourg Stock Exchange (LuxSE) marked the listing of the very first financial instrument issued on a Distributed Ledger Technology (DLT) and admitted to trading in the European Union (EU).
The EUR 100 million Digital Native Note (DNN), issued by the World Bank (International Bank for Reconstruction and Development) using Euroclear’s new Digital Securities Issuance (D-SI) service and admitted on LuxSE’s EU-regulated market, marks the first time a digitally native security issued on a DLT infrastructure is admitted to trading on a market falling under the scope of MiFID II. The D-SI service is part of Euroclear's new Digital Financial Market Infrastructure (D-FMI), a new DLT-based technological component of Euroclear Bank’s securities settlement...
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