Odaily Planet Daily News: German state-owned bank KfW has partnered with Boerse Stuttgart Digital (BSD) as an infrastructure provider partner to prepare for the upcoming blockchain-based digital bond issuance. KfW plans to issue bonds in accordance with the German Electronic Securities Act (eWpG) in the coming weeks. BSD will oversee crypto wallets and protect private keys during the issuance and redemption process. The upcoming product will be part of the European Central Bank's trial of using central bank currency to settle blockchain-based transactions. (CoinDesk) Earlier in May, Kredittanstalt fuer Wiederaufbau (KfW) plans to issue a blockchain digital bond with a minimum size of 100 million euros. People familiar with the matter revealed that the bond is expected to mature in December 2025. It is reported that KfW will discuss with European institutional investors in the preparation stage for a few weeks so that investors have time to familiarize themselves with the transaction, which is expected to be completed in the summer.
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German state-owned bank KfW and BSD have reached a cooperation agreement to launch a blockchain-based digital bond in the coming weeks
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