German state bank KfW is preparing to issue digital bonds based on blockchain technology. According to Foresight News, Kredittanstalt fuer Wiederaufbau (KfW), a state development bank in Germany, is preparing to issue its first digital bonds built on blockchain technology as digital securities. KfW has already issued its first digital bond, eWpG, in accordance with the German Electronic Securities Act and is set to take the next step by issuing bonds based on blockchain technology. During the preparation phase, which will last several weeks, KfW will hold discussions with European institutional investors. This will allow investors to learn about the deal, which is expected to be completed by the summer. A source familiar with the matter revealed that the bonds are expected to mature in December 2025, with a minimum amount of 100 million euros ($108 million). DZ Bank, Deutsche Bank, LBBW and Bankhaus Metzler will act as joint subscribers. Frankfurt-based fintech company Cashlink Technologies GmbH will act as registrar for the digital securities.
