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Germany's state-owned development bank NRW.BANK issues 100 million euro bonds on Polygon chain

Summary: According to CoinDesk, Germany's state-owned development bank NRW.BANK has issued 100 million euros (approximately 116.7 million USD) worth of blockchain bonds on the Polygon blockchain. The bonds are registered under the German Electronic Securities Act (eWpG) and the infrastructure is provided by Cashlink's BaFin-regulated encrypted securities registration system. The issuance attracted participation from multiple institutional ...

According to CoinDesk, Germany's state-owned development bank NRW.BANK has issued 100 million euros (approximately 116.7 million USD) worth of blockchain bonds on the Polygon blockchain. The bonds are registered under the German Electronic Securities Act (eWpG) and the infrastructure is provided by Cashlink's BaFin-regulated encrypted securities registration system. The issuance attracted participation from multiple institutional investors, with Deutsche Bank, DZ Bank, and Dekabank serving as joint lead underwriters, signaling increasing acceptance of digital securities in the European public offering sector.

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