Toyota plans to issue a digital bond aimed at retail investors in March this year, with a total scale of 1 billion yen

ChainCatcher news, according to Ledger Insights, Toyota Financial plans to issue a digital yen bond through the Progmat tokenization platform in March this year, with a total scale of 1 billion yen (approximately 6.6 million USD) and a face value of 100,000 yen (approximately 658 USD) per bond. This issuance is not only one of the few digital bonds issued by Japanese companies but is also specifically targeted at retail investors, having an experimental nature.