Turkiye's Misyon Bank Launches USD-Denominated Turkish Eurobonds Platform on Avalanche

Jun 5, 2024, 01:16 PM

Turkiye's Misyon Bank has launched its Tokenization Platform for bonds, shares, and property, marking a significant step in the real-world asset tokenization movement among global financial institutions. Built on the Avalanche blockchain via c-chain, the platform allows for the tokenization and distribution of various assets, including bonds, funds, shares, and real estate. The first use case, MisyonBond, offers USD-denominated tokenized Turkish Eurobonds to individual investors, providing a secure and scalable investment experience. This initiative represents Turkey's first bank-backed end-to-end tokenization platform.