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04
May, 2021

Ethereum’s New High Price Levels

Ethereum managed to climb at new high price levels, overpassing $3,000, showing that investors’ interest continues to stay at high levels regarding its route.

 

The last adding in this route is European Investment Bank’s decision to issue a new bond worth $100 million based on Ethereum’s tokens with assistance from Goldman Sachs, Banco Santander and Societe Generale.

 

In parallel, Societe Generale announced the issuance of a similar bond worth €100 million in Ethereum’s public blockchain while it received a AAA rating from Moody’s and Fitch Ratings.

 

The moves above show that Ethereum will become an essential tool for the banking system in the next decade and it will help in its digital transformation.