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Kfw selects Boerse Stuttgart for issuance of blockchain-based digital bond

German development bank KfW has selected Boerse Stuttgart Digital as infrastructure partner for its new blockchain-based digital bond. Under the deal, Boerse Stuttgart Digital will manage wallets and secure private keys throughout the issuance and redemption processes of the crypto security planned by KfW in the coming weeks.

"The utilisation of new technologies as part of the ECB trials enables us to technically process a 'delivery vs. payment' transaction and thus supports our digital learning journey," says Gaetano Panno, head of transaction management at KfW.