German State Bank issues 100 million euros on the polygon – do you finally wander Crypto? star-news.press/wp

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Hassan Shito

Journalist

Hassan Shito

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Hassan, a Cryptonews.com journalist who has a 6-year-old experience in Web3 Press, has a deep knowledge via Crypto, Web3 Gaming, NFTS and Play-to-eern. His work appeared in …

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July 10, 2025

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NRW.Bank, a German -owned development bank, has released Blockchain bonds of 100 million euros ($ 116.7 million) on Polygon, which represents a major step in the public sector in digital securities.

The bond was issued, with a period of two years, under the E -Securities Law in Germany (EWPG). This legislation allows the issuance and registration of bonds fully on Blockchain networks, which eliminates the need for material certificates.

Cashlink records regulating organized bonds on polygons such as EWPG FULS Approval DLT

The German bank has used the Cashlink Technologies infrastructure, which is registered for the BAFIN coded securities, to record the bond, with Polygon as the main Blockchain.

According to the report, institutional investors such as Deutsche Bank, DZ Bank and Dekabank participated in the show, and they behave as major managers.

“This is more than just a technical teacher,” Michael Dutlinger, CEO of Cashlink, said.

The first time bonds that NRW.Bnk has a fully digital version of this type, which reflects increasing confidence in Blockchain for organized capital markets.

It is worth noting that the EWPG law in Germany, which was presented in 2021, has established a clear legal way to use the professor’s book technology distributed in securities. This helped to attract banks and public institutions towards distinguished financing. While its size is still small compared to the traditional bond market, the activity of digital bonds is accelerating.

Polygon’s participation in the version also comes at a time when the network is preparing for the main technical upgrade. Polygon has been appointed to publish Heimdall 2.0, a new consensus to prove that Blockchain.

It is scheduled to go on the air on Thursday, the promotion seeks to reduce the final time to only five seconds and enhance the elasticity of the network by reducing the possibility of reorganizing the series.

“This is the most technically complicated by Posygon Pos since its launch in 2020,” books Sandeep Nearwal, CEO of Polygon Foundation, on X.

He added that the promotion will reduce the final time to about five seconds and reduce the risk of reorganizing the series.

The chances of the issuance of bonds and the promotion of the polygon indicate the increasing ripeness of the Blockchain infrastructure that supports symbolic financing. Digital bonds offer advantages such as actual time tracking, fastest settlement, and reducing administrative public expenditures, which now attract public sector exporters.

Germany offers the payment of digital bonds with Blockchain banks

Germany appears rapidly as a bicchain funding axis. Modern digital bond versions by major institutions, including DZ, Dekabank, Commerzbank, NRW.BANK, KFW and Siemens, indicate the adoption of the accelerating country of distinctive securities, which were enabled under the E -Securities Law of 2021 (EWPG).

Earlier this month, KFW, the state -owned development bank in Germany, issued digital bonds worth 140 million Swiss francs via Six Digital Exchang (SDX) in Switzerland. In addition to banking services, German industrial Siemens also entered the digital securities space. In February 2023, Siemens released its first digital bond, at a value of 60 million euros ($ 64 million), on public MAINNET in Polygon.

In addition to digital bonds, the traditional banking sector in Germany deepens its participation with encryption. Sparkassen-Finanzgrupe, the largest banking group in the country with more than 50 million customers, is seeking to provide encryption services to its customers by mid-2016.

This step will be coordinated by Dekabank, a financial institution owned by Sparkassen, and will allow retail customers to buy and sell Bitcoin and Ether directly within the banking group’s banking application.

German savings banks Association certain Development, and put it in response to the recently implemented European Union markets (MICA).

According to the group, the goal is to provide customers with “reliable access to an organized encryption offer.”

Sparkassen joins an increased list of German banks that move towards the dependence of encryption; For example, DZ Bank, the second largest lender in the country, started testing trading and nursery services for digital assets in 2023 through a partnership with Boerse Stuttgart Digital.

Likewise, Landesbank Baden-Württerg announced earlier this year to launch encryption nursery services for institutional clients in cooperation with ExchandE Bitpanda.

Meanwhile, Polygon continues its strategic axis. In the aftermath of the May 24 resignation from the co -founder Mihailo Bjelic, the driving was unified under the Sandeep Nailwal, which is now working as the CEO of the Polygon Foundation.

Under Nailwal, Polygon strives for the sunset in its ZKEVM chain and re -focus on basic symbols, including the asset code in the real world (RWA), Stablecoin payments, and its proof chain (POS).

Despite the decrease in the maximum market, from $ 20 billion at its peak to $ 1.7 billion, the polygon is still a major player in the distinctive symbol.