NRW.BANK Launches €100M Digital Bond on Polygon Blockchain
Germany’s NRW.BANK has issued a €100 million digital bond on the Polygon blockchain, marking one of Europe’s largest regulated tokenized securities. The digital bond, registered under the Electronic Securities Act (eWpG) and managed by Deutsche Bank, DZ BANK and DekaBank, was fully registered through BaFin-licensed Cashlink Technologies. Deployed on Polygon blockchain’s upgraded Heimdall v2 infrastructure, the issuance delivers faster settlement, lower administrative costs and improved transparency. Backed by major banks, this move underscores growing institutional adoption of tokenization in regulated European capital markets and positions Polygon blockchain as a leading platform for institutional digital finance.
Bullish
This digital bond issuance on the Polygon blockchain highlights significant institutional trust in tokenized securities under eWpG regulation. Joint lead managers Deutsche Bank, DZ BANK and DekaBank, along with Cashlink’s compliance, signal wider market acceptance. The Heimdall v2 upgrade’s scalability and faster settlement enhance Polygon’s utility, likely boosting MATIC demand. In the short term, increased network activity could drive trading volume, while long-term adoption of blockchain-based capital markets supports sustained price appreciation.