Ethereum hits record high amid reports of a 100 million euro digital bond sale

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Ethereum hits record high amid reports of a 100 million euro digital bond sale

On Monday, ethereum shares reached a record high to trade within a whisker of $3,000, extending the rally last week in the wake of a report that the European Investment Bank could launch a digital bond sale on the blockchain network.

Ether hit,989.95 in the first Asia trade at $2,989. 95So far this year it is – up 300%, outpacing a 95% increase in the more popular bitcoin.Ether is the digital currency or a token that facilitates transactions on the bitcoin blockchain and it is the second largest cryptocurrency by market cap behind Ethereum.

On Tuesday, Bloomberg reported citing unnamed sources that the EIB plans to issue a two-year 100 million euro digital bond.

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