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On November 29, the Banque de France and the Banque centrale du Luxembourg assisted together the European Investment Bank (EIB) in the Venus initiative, by providing a safe settlement asset in the form of a tokenised representation of euro central bank money that can be described as an experimental Central Bank Digital Currency (CBDC).
The Venus initiative consisted in a 100 million euro digital native bond issuance by the European Investment Bank under Luxembourg law, and settled using a tokenised representation of euro central bank money. The EIB appointed Goldman Sachs Bank Europe S.E., Santander and Société Générale as banking syndication to issue and distribute the digital native bonds.
From a technical standpoint, the EIB digital native bond was...
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