Latest news about fintech and blockchain.
 

German financial regulators issuing tokenized ten-year euro bonds on the Stellar (XLM) blockchain

German 10 year euro bonds tokenized in the stellar network. The project received approval to issue tokenized bonds from Germany’s Federal Financial Supervisory Authority (BaFin) A security token offering, approved by the German financial regulator, has raised more than a million dollars on its first day of the sale. Bitbond, which is based in Berlin, is built on the Stellar (XLM) blockchain. It tokenizes ten-year euro bonds, issuing them in the form of a BB1 token. The funds raised are used to create loans for SMEs based all around the...

read more...

Published By: Reddit - 14-03-2019