The German state-owned development bank NRW.BANK has issued a €100 million bond on the Polygon chain.

July 10th, according to CoinDesk, Germany's state-owned development bank NRW.BANK issued a €100 million (approximately $116.7 million) blockchain bond on the Polygon blockchain.

The bond is registered under the German Electronic Securities Act (eWpG) and is built on Cashlink's BaFin-regulated encrypted securities registration system. This issuance attracted participation from multiple institutional investors, with Deutsche Bank, DZ Bank, and Dekabank jointly acting as lead underwriters, marking a growing acceptance of digital securities in the European public offering space. [BlockBeats]