German state-owned bank KfW invests €10 million in crypto bonds
the German state-owned bank and digital bond issuer KfW announced an investment of 10 million euros to purchase the blockchain mortgage bond Pfandbrief issued by Berlin Hyp. The bond is Germany's first "encrypted security" issued according to the Electronic Securities Act (eWpG), issued through the SWIAT blockchain platform, without the need for a central securities depository (CSD). It is reported that the purchase transaction was handled by DekaBank as a market maker and custodian, and settlement was completed through over-the-counter trading.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
STABLEUSDT now launched for futures trading and trading bots
Martingale bot upgraded–simpler setup, more flexible features
Stock Futures Rush (phase 9): Trade popular stock futures and share $240,000 in equivalent tokenized shares. Each user can get up to $5000 META.
CandyBomb x POWER: Trade to share 4,387,500 POWER
Trending news
MoreCrypto prices
More
