German Bank’s €100M Blockchain Bond on Polygon Suggests Growing Institutional Use of Ethereum
2025-07-11 05:59:05
Main Idea
NRW BANK issued a €100 million blockchain bond on the Polygon network, marking a significant step in European digital securities under Germany’s eWpG law, with collaboration from major financial institutions.
Key Points
1. NRW BANK launched a €100 million bond on Polygon, one of the first large-scale blockchain applications by a European public-sector bank.
2. The bond complies with Germany’s Electronic Securities Act (eWpG), enabling direct issuance on blockchain platforms.
3. Deutsche Bank, DZ BANK, and DekaBank acted as joint lead managers, highlighting institutional collaboration in blockchain adoption.
4. Polygon was chosen for its scalability and cost-efficiency, making it suitable for high-volume financial instruments like bonds.
5. This issuance signals broader trends in digital finance and could reshape Europe’s financial ecosystem by advancing blockchain-based securities.
Description
NRW BANK, a leading German public-sector bank, has issued a groundbreaking €100 million blockchain bond on the Polygon network, signaling a pivotal advancement in digital finance integration within Europe. This
Latest News
- Ethereum Foundation’s Discounted 10,000 ETH Sale to SharpLink Gaming Precedes Ether’s Brief Surge Above $3,0002025-07-11 14:19:55
- BlackRock’s IBIT ETF Surges to $80 Billion Market Value, Setting New Speed Record2025-07-11 14:17:54
- US Lawmakers May Consider Three Crypto Bills Including Bitcoin Market Framework During Upcoming Crypto Week2025-07-11 14:16:27
- MicroStrategy’s Bitcoin Holdings Surge to $70.48 Billion with $28 Billion Unrealized Gain as of June 20252025-07-11 14:15:21
- Bitcoin Surges Above $118K Amid U.S. Tariff Concerns and Stock Market Volatility2025-07-11 14:15:05