Alphaledger Achieves Industry Milestone With the Recording of U.S. Municipal Bond Originations on Blockchain
Alphaledger has recorded municipal bond originations on blockchain infrastructure in the United States, utilizing parallel recordkeeping.
- Alphaledger has recorded municipal bond originations on blockchain infrastructure in the United States, utilizing parallel recordkeeping.
- This milestone is the first step towards a fully on-chain life for municipal bonds, without needing the PDFs, faxes, and intermediaries required today.
- Recorded municipal security originations on blockchain; as parallel recordkeeping;
Recorded a secondary market municipal loan sale using blockchain technology; and
Recorded municipal loans on blockchain at origination. - Alphaledger was formed in 2019 to provide a direct, transparent municipal loan and bond marketplace that streamlines debt financing and increases direct engagement with investors.