The firm plans to test the issuance and administration of bonds backed by crypto assets.
Custody data could be used to transform bond liquidity.
Two-year-old firm has reached more than $180bn daily in notional axes.
RMB bond investment flows are expected to reach up to €680bn over five years.
An open-source infrastructure utility would be desirable said ICMA.
Pre-allocation of block orders and indicative pricing will be introduced.
It is hoped other Finnish issuers will list sustainable bonds in Helsinki.
Source code of the smart contracts is publicly available on Github.
The regulator found issues with data completeness and quality.