German State Development Bank goes € 100 million blockchain bond

The state support bank NRW.Bank has emitted a blockchain-based bond worth € 100 million ($ 116.7 million) and thus completed one of the largest entrances in the public sector in digital securities in Europe.

The two-year bond was put on the polygon blockchain and registered via the infrastructure of Cashlink Technologies, a crypto value paper register licensed by Bafin. It is the first fully digital bond of NRW.Bank, which was emitted according to the law on electronic securities (EWPG), which allows bonds to be completely created and transmitted to blockchain networks without the need for a physical certificate.

Strong institutional participation

The bond was accompanied by large institutional actors, with Deutsche Bank, DZ Bank and Dekabank acting as a joint lead manager. The great demand underlines the growing interest in tokenized financial instruments that offer faster handling, greater transparency and lower administrative costs. Michael Duttlinger, CEO of Cashlink, emphasized the far-reaching effects of this step: “This is more than just a technical milestone. It is a signal that public financial institutions are willing to go beyond blockchain pilot projects and to start the integration of these systems on a large scale.”

Other important blockchain financing this week

This significant emission comes in the middle of a wave of other large tokenized financial transactions in Europe. According to Reuters, Siemens emitted a digital bond over polygon worth 60 million euros at the beginning of this week, which further underlines the importance of the network for institutional products.

In France, the asset manager Axa announced in the tokenization of a segment of his green bond portfolio with the aim of improving blockchain. In the meantime, Bloomberg reported that BNP Paribas has entered into a partnership with Chainlink to test multi-chain transfers from tokenized funds-a possible step towards an interoperable fund infrastructure. Taken together, these developments reflect an accelerating trend: regulated institutions are now transferring from testing to the real use of blockchain on the capital markets.

Alexander has been working in the crypto industry for three years and has made a name for himself during this time through his active participation in observing the market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional obligation, but a deep personal passion. He follows the news from the industry every day, analyzes trends and is enthusiastic about every new step in the development of blockchain solutions. His enthusiasm drives him to constantly learn and share his knowledge because he sees the future in the digital financial world and its role in global transformation.