Germany’s NRW BANK has taken a major step into digital finance, issuing €100 million in blockchain-based bonds through the Polygon network.
The move marks one of the most significant blockchain integrations by a public-sector bank in Europe to date.
This two-year bond was registered via Cashlink Technologies, a BaFin-licensed crypto securities registrar, and issued entirely under Germany’s Electronic Securities Act (eWpG), which allows bonds to be recorded directly on-chain without physical documentation.
Deutsche Bank, DZ BANK, and DekaBank acted as joint lead managers in the transaction.
According to Cashlink CEO Michael Duttlinger, the deal reflects more than just technical progress—it shows that public institutions are beginning to scale blockchain integration beyond experimentation.
Enacted in 2021, the eWpG law opened the door for regulated blockchain securities in one of Europe’s most developed financial markets. NRW BANK’s issuance is now a key milestone in that evolving landscape.
Alexander Zdravkov
Reporter at Coindoo
Александър Здравков е човек, който винаги търси логиката зад нещата. Той владее отлично немски език и има повече от 3 години опит в крипто пространството, където умело идентифицира новите тенденции в света на дигиталните валути. Независимо дали предоставя задълбочени анализи или ежедневни доклади по всички теми, дълбокото му разбиране и ентусиазъм към това, което прави, го превръщат в ценен член на екипа.
Source: https://coindoo.com/top-german-bank-launches-e100m-blockchain-bond-on-polygon/