Today Dutch bank ABN AMRO announced it used a public blockchain to register a tokenized €5 million ($5.3m) green bond issuance on behalf of real estate firm Vesteda. The company will use the proceeds to refinance green assets. Germany’s Dekabank bought the full issuance.
ABN AMRO said the entire process was digital, including the preparation, placing and documentation. The bank also provided digital asset custody services.
This particular issuance used the Polygon blockchain as the registry. The bank has previous experience with Ethereum and Stellar. In January it helped another client APOC Aviation to issue a €450,000 bond using the Stellar blockchain.
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