NRW BANK, one of Germany’s well-known state banks, used a surprise altcoin network to issue a massive 100 million lira bond.
NRW BANK, the development bank owned by the German state of North Rhine-Westphalia, has issued €100 million worth of blockchain-based bonds, making it one of the biggest public sector moves into digital securities in Europe.
The two-year bond was issued on the Polygon (POL) blockchain and registered through the infrastructure of Cashlink Technologies, a cryptocurrency securities registrar licensed by Germany’s financial regulator, BaFin.#INDIANstock