LBBW’s Berlin Hyp to Issue €100M Mortgage Bond Based on SWIAT DLT
The wholesale DLT test settlement conducted by the European Central Bank using central bank digital currency has stimulated many institutions to issue digital bonds. The latest one is Berlin Hyp, a subsidiary of LBBW, which plans to issue €100 million mortgage-backed digital bonds on the SWIAT blockchain on August 2. This will be the first mortgage bond (Pfandbrief) issued under German eWPG law as an anonymous bond or "encrypted security". This means that the law no longer requires physical certificates or the involvement of central securities depositories. Instead, the bonds must be registered by an encrypted securities registration agency, in this case, DekaBank.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Foundation Launches Trillion Dollar Security Initiative to Strengthen Network
The Ethereum Foundation has launched a “Trillion Dollar Security Initiative” to enhance the security and resilience of the Ethereum blockchain. This program aims to protect the network, which supports a wide range of decentralized finance applications, NFTs, and smart contracts.
MetaMask Token Launch Remains Uncertain, Says Co-Founder Dan Finlay
MetaMask is still considering the launch of a native token, but no definitive plans have been made yet. Dan Finlay, MetaMask’s co-founder, described the possibility of a token as a “maybe” during an interview on The Block’s “Crypto Beat” podcast on May 14, 2025.
Is the XRP price rally over for now?
South Korea’s Presidential Candidates Back Bitcoin ETFs
Trending news
MoreCrypto prices
More
