š German Giant NRW.BANK Launches ā¬100M Blockchain Bond on Polygon ā TradFi Joins the Future
Germany's NRW.BANK just dropped a ā¬100 million mic on legacy financeāissuing its first blockchain bond on Polygon. No paperwork, no middlemen, just pure decentralized efficiency.
Why this matters: When a state-backed lender embraces public blockchains, it's not a testāit's a surrender flag for outdated systems.
The bond cuts settlement times from days to minutes while giving institutional investors their first taste of DeFi-grade transparency. And yes, bankers will still take their feesāsome traditions never die.
Bottom line: The future of finance isn't coming. It's already hereābuilt on Ethereum, hosted by Polygon, and approved by the suits.