German regulator approves €250m Ethereum-based real estate bond

German regulator approves €250m Ethereum-based real estate bond

Germany’s financial regulator BaFin has approved a blockchain-based real estate bond worth €250 million. Fundament Group has designed the bond which carries a portfolio of real estate property across entire Germany. The Fundament Group added that the security token facilitates trading real-estate globally without any interference from the banks.

Simone
Simone
Top in Crypto
Get the App