{"id":162311,"date":"2025-07-11T07:00:53","date_gmt":"2025-07-11T04:00:53","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=162311"},"modified":"2025-07-10T23:24:18","modified_gmt":"2025-07-10T20:24:18","slug":"german-state-owned-development-bank-issues-e100-million-blockchain-bond","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/german-state-owned-development-bank-issues-e100-million-blockchain-bond\/","title":{"rendered":"German State-Owned Development Bank Issues \u20ac100 Million Blockchain Bond"},"content":{"rendered":"
The two-year bond was launched on the Polygon blockchain and registered using the infrastructure of Cashlink Technologies, a BaFin-licensed crypto securities registrar. It represents NRW.BANK\u2019s first fully digital bond issued under Germany\u2019s Electronic Securities Act (eWpG), which permits bonds to be created and transferred entirely on blockchain networks without requiring a physical certificate.<\/p>\n
The bond drew participation from major institutional players, with Deutsche Bank, DZ BANK, and DekaBank serving as joint lead managers. The level of demand highlights the growing interest in tokenized financial instruments, which offer faster settlement, greater transparency, and reduced administrative costs. Michael Duttlinger, CEO of Cashlink, emphasized the broader implications of the move: \u201cThis is more than a technical milestone. It\u2019s a signal that public financial institutions are ready to move beyond blockchain pilots and start integrating these systems at scale.\u201d<\/p>\n