Changing it up: KfW active as an investor in crypto securities for the first time
Germany, April 29 -- KfW is consistently continuing its learning journey in terms of digitalisation of its capital market activities, becoming an investor in a crypto security. Specifically, KfW has invested EUR 10 million in Berlin Hyp's blockchain-based Pfandbrief for its liquidity portfolio. The covered bond was issued in August 2024 and is the first digital mortgage Pfandbrief in Germany on the basis of the eWpG (German Electronic Securities Act). It has a volume of EUR 100 million and matures in July 2027. DekaBank is the registrar and the Pfandbrief was issued using the SWIAT blockchain. SWIAT GmbH is a German fintech company that develops software for a decentralized financial market infrastructure.KfW acquired the crypto security fr...
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