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Germany's state-owned bank issues 100 million euros Blockchain bonds on Polygon, creating a new milestone for public sales in Europe.
On July 10, NRW.BANK, the German state development bank, issued blockchain bonds worth 100 million euros (approximately 116.7 million USD) on the Polygon Blockchain.
This bond is registered under the German Electronic Securities Act (eWpG) and is supported by the infrastructure of Cashlink's BaFin-regulated crypto securities registration system. This issuance attracted participation from multiple institutional investors, with Deutsche Bank, DZ Bank, and Deka Bank acting as joint lead underwriters, marking an increasing acceptance of digital securities in the European public offering space.