German Bank Issues €100 Million Blockchain Bond on Polygon

According to PANews, German state-owned development bank NRW.BANK has issued a €100 million (approximately $116.7 million) blockchain bond on the Polygon blockchain. This bond is registered under Germany's Electronic Securities Act (eWpG) and utilizes infrastructure provided by Cashlink's BaFin-regulated crypto securities registry system. The issuance attracted participation from several institutional investors, with Deutsche Bank, DZ Bank, and DekaBank serving as lead underwriters. This development signifies a growing acceptance of digital securities in the European public offering sector.