KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"As one of the world's largest and most active bond issuers, we are actively driving digitalization initiatives in the issuing and settlement process.\"<\/em><\/p>\n\n\n\n BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In a Monday announcement<\/a>, KfW head of transaction management Gaetano Panno said: <\/p>\n\n\n\n \"As one of the world's largest and most active bond issuers, we are actively driving digitalization initiatives in the issuing and settlement process.\"<\/em><\/p>\n\n\n\n BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
State-owned and Germany\u2019s largest development bank, KfW, is preparing for its anticipated blockchain-based digital bond offering. The bank teamed up with Boerse Stuttgart Digital (BSD) as an infrastructure provider partner ahead of the bond issuance in the coming weeks. <\/p>\n\n\n\n In a Monday announcement<\/a>, KfW head of transaction management Gaetano Panno said: <\/p>\n\n\n\n \"As one of the world's largest and most active bond issuers, we are actively driving digitalization initiatives in the issuing and settlement process.\"<\/em><\/p>\n\n\n\n BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
State-owned and Germany\u2019s largest development bank, KfW, is preparing for its anticipated blockchain-based digital bond offering. The bank teamed up with Boerse Stuttgart Digital (BSD) as an infrastructure provider partner ahead of the bond issuance in the coming weeks. <\/p>\n\n\n\n In a Monday announcement<\/a>, KfW head of transaction management Gaetano Panno said: <\/p>\n\n\n\n \"As one of the world's largest and most active bond issuers, we are actively driving digitalization initiatives in the issuing and settlement process.\"<\/em><\/p>\n\n\n\n BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
State-owned and Germany\u2019s largest development bank, KfW, is preparing for its anticipated blockchain-based digital bond offering. The bank teamed up with Boerse Stuttgart Digital (BSD) as an infrastructure provider partner ahead of the bond issuance in the coming weeks. <\/p>\n\n\n\n In a Monday announcement<\/a>, KfW head of transaction management Gaetano Panno said: <\/p>\n\n\n\n \"As one of the world's largest and most active bond issuers, we are actively driving digitalization initiatives in the issuing and settlement process.\"<\/em><\/p>\n\n\n\n BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
State-owned and Germany\u2019s largest development bank, KfW, is preparing for its anticipated blockchain-based digital bond offering. The bank teamed up with Boerse Stuttgart Digital (BSD) as an infrastructure provider partner ahead of the bond issuance in the coming weeks. <\/p>\n\n\n\n In a Monday announcement<\/a>, KfW head of transaction management Gaetano Panno said: <\/p>\n\n\n\n \"As one of the world's largest and most active bond issuers, we are actively driving digitalization initiatives in the issuing and settlement process.\"<\/em><\/p>\n\n\n\n BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In July, Bitwise debuted a spot in Ethereum ETP, the Bitwise Ethereum ETF (ETHW), amassing over $300 million in assets.<\/p>\n","post_title":"Bitwise Acquires Largest Physical Bitcoin ETF Issuer ETC Group In European Expansion","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitwise-acquires-largest-physical-bitcoin-etf-issuer-etc-group-in-european-expansion","to_ping":"","pinged":"","post_modified":"2024-08-21 21:26:58","post_modified_gmt":"2024-08-21 11:26:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18306","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18216,"post_author":"21","post_date":"2024-08-15 21:19:20","post_date_gmt":"2024-08-15 11:19:20","post_content":"\n State-owned and Germany\u2019s largest development bank, KfW, is preparing for its anticipated blockchain-based digital bond offering. The bank teamed up with Boerse Stuttgart Digital (BSD) as an infrastructure provider partner ahead of the bond issuance in the coming weeks. <\/p>\n\n\n\n In a Monday announcement<\/a>, KfW head of transaction management Gaetano Panno said: <\/p>\n\n\n\n \"As one of the world's largest and most active bond issuers, we are actively driving digitalization initiatives in the issuing and settlement process.\"<\/em><\/p>\n\n\n\n BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The San-Francisco-based Bitwise has been making inroads into crypto products<\/a>, launching its first spot Bitcoin ETP in January. The Bitwise Bitcoin ETF (BITB) has amassed over $2 billion in assets, making it among the fast-growing ETPs.<\/p>\n\n\n\n In July, Bitwise debuted a spot in Ethereum ETP, the Bitwise Ethereum ETF (ETHW), amassing over $300 million in assets.<\/p>\n","post_title":"Bitwise Acquires Largest Physical Bitcoin ETF Issuer ETC Group In European Expansion","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitwise-acquires-largest-physical-bitcoin-etf-issuer-etc-group-in-european-expansion","to_ping":"","pinged":"","post_modified":"2024-08-21 21:26:58","post_modified_gmt":"2024-08-21 11:26:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18306","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18216,"post_author":"21","post_date":"2024-08-15 21:19:20","post_date_gmt":"2024-08-15 11:19:20","post_content":"\n State-owned and Germany\u2019s largest development bank, KfW, is preparing for its anticipated blockchain-based digital bond offering. The bank teamed up with Boerse Stuttgart Digital (BSD) as an infrastructure provider partner ahead of the bond issuance in the coming weeks. <\/p>\n\n\n\n In a Monday announcement<\/a>, KfW head of transaction management Gaetano Panno said: <\/p>\n\n\n\n \"As one of the world's largest and most active bond issuers, we are actively driving digitalization initiatives in the issuing and settlement process.\"<\/em><\/p>\n\n\n\n BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Bitwise's purchase of ETC Group adds nine European-listed crypto ETPs to its assets. ETC Group's assets under management are estimated at over $1 billion ETC, which raises Bitwise's assets above $4.5 billion. ETC Group's asset portfolio includes crypto exchange-traded products (ETPs) and MSCI Digital Assets Select 20 (DA20).<\/p>\n\n\n\n The San-Francisco-based Bitwise has been making inroads into crypto products<\/a>, launching its first spot Bitcoin ETP in January. The Bitwise Bitcoin ETF (BITB) has amassed over $2 billion in assets, making it among the fast-growing ETPs.<\/p>\n\n\n\n In July, Bitwise debuted a spot in Ethereum ETP, the Bitwise Ethereum ETF (ETHW), amassing over $300 million in assets.<\/p>\n","post_title":"Bitwise Acquires Largest Physical Bitcoin ETF Issuer ETC Group In European Expansion","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitwise-acquires-largest-physical-bitcoin-etf-issuer-etc-group-in-european-expansion","to_ping":"","pinged":"","post_modified":"2024-08-21 21:26:58","post_modified_gmt":"2024-08-21 11:26:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18306","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18216,"post_author":"21","post_date":"2024-08-15 21:19:20","post_date_gmt":"2024-08-15 11:19:20","post_content":"\n State-owned and Germany\u2019s largest development bank, KfW, is preparing for its anticipated blockchain-based digital bond offering. The bank teamed up with Boerse Stuttgart Digital (BSD) as an infrastructure provider partner ahead of the bond issuance in the coming weeks. <\/p>\n\n\n\n In a Monday announcement<\/a>, KfW head of transaction management Gaetano Panno said: <\/p>\n\n\n\n \"As one of the world's largest and most active bond issuers, we are actively driving digitalization initiatives in the issuing and settlement process.\"<\/em><\/p>\n\n\n\n BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Bitwise's purchase of ETC Group adds nine European-listed crypto ETPs to its assets. ETC Group's assets under management are estimated at over $1 billion ETC, which raises Bitwise's assets above $4.5 billion. ETC Group's asset portfolio includes crypto exchange-traded products (ETPs) and MSCI Digital Assets Select 20 (DA20).<\/p>\n\n\n\n The San-Francisco-based Bitwise has been making inroads into crypto products<\/a>, launching its first spot Bitcoin ETP in January. The Bitwise Bitcoin ETF (BITB) has amassed over $2 billion in assets, making it among the fast-growing ETPs.<\/p>\n\n\n\n In July, Bitwise debuted a spot in Ethereum ETP, the Bitwise Ethereum ETF (ETHW), amassing over $300 million in assets.<\/p>\n","post_title":"Bitwise Acquires Largest Physical Bitcoin ETF Issuer ETC Group In European Expansion","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitwise-acquires-largest-physical-bitcoin-etf-issuer-etc-group-in-european-expansion","to_ping":"","pinged":"","post_modified":"2024-08-21 21:26:58","post_modified_gmt":"2024-08-21 11:26:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18306","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18216,"post_author":"21","post_date":"2024-08-15 21:19:20","post_date_gmt":"2024-08-15 11:19:20","post_content":"\n State-owned and Germany\u2019s largest development bank, KfW, is preparing for its anticipated blockchain-based digital bond offering. The bank teamed up with Boerse Stuttgart Digital (BSD) as an infrastructure provider partner ahead of the bond issuance in the coming weeks. <\/p>\n\n\n\n In a Monday announcement<\/a>, KfW head of transaction management Gaetano Panno said: <\/p>\n\n\n\n \"As one of the world's largest and most active bond issuers, we are actively driving digitalization initiatives in the issuing and settlement process.\"<\/em><\/p>\n\n\n\n BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Financial Experts Uncertain Of Bitcoin ETF Launch In 2024<\/a><\/p>\n\n\n\n Bitwise's purchase of ETC Group adds nine European-listed crypto ETPs to its assets. ETC Group's assets under management are estimated at over $1 billion ETC, which raises Bitwise's assets above $4.5 billion. ETC Group's asset portfolio includes crypto exchange-traded products (ETPs) and MSCI Digital Assets Select 20 (DA20).<\/p>\n\n\n\n The San-Francisco-based Bitwise has been making inroads into crypto products<\/a>, launching its first spot Bitcoin ETP in January. The Bitwise Bitcoin ETF (BITB) has amassed over $2 billion in assets, making it among the fast-growing ETPs.<\/p>\n\n\n\n In July, Bitwise debuted a spot in Ethereum ETP, the Bitwise Ethereum ETF (ETHW), amassing over $300 million in assets.<\/p>\n","post_title":"Bitwise Acquires Largest Physical Bitcoin ETF Issuer ETC Group In European Expansion","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitwise-acquires-largest-physical-bitcoin-etf-issuer-etc-group-in-european-expansion","to_ping":"","pinged":"","post_modified":"2024-08-21 21:26:58","post_modified_gmt":"2024-08-21 11:26:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18306","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18216,"post_author":"21","post_date":"2024-08-15 21:19:20","post_date_gmt":"2024-08-15 11:19:20","post_content":"\n State-owned and Germany\u2019s largest development bank, KfW, is preparing for its anticipated blockchain-based digital bond offering. The bank teamed up with Boerse Stuttgart Digital (BSD) as an infrastructure provider partner ahead of the bond issuance in the coming weeks. <\/p>\n\n\n\n In a Monday announcement<\/a>, KfW head of transaction management Gaetano Panno said: <\/p>\n\n\n\n \"As one of the world's largest and most active bond issuers, we are actively driving digitalization initiatives in the issuing and settlement process.\"<\/em><\/p>\n\n\n\n BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The acquisition of London-based ETC Group marks Bitwise's European expansion. ETC Group is also the issuer of Europe's largest physical Bitcoin ETP (BTCE) and other ETP products.<\/p>\n\n\n\n See Related: <\/em><\/strong>Financial Experts Uncertain Of Bitcoin ETF Launch In 2024<\/a><\/p>\n\n\n\n Bitwise's purchase of ETC Group adds nine European-listed crypto ETPs to its assets. ETC Group's assets under management are estimated at over $1 billion ETC, which raises Bitwise's assets above $4.5 billion. ETC Group's asset portfolio includes crypto exchange-traded products (ETPs) and MSCI Digital Assets Select 20 (DA20).<\/p>\n\n\n\n The San-Francisco-based Bitwise has been making inroads into crypto products<\/a>, launching its first spot Bitcoin ETP in January. The Bitwise Bitcoin ETF (BITB) has amassed over $2 billion in assets, making it among the fast-growing ETPs.<\/p>\n\n\n\n In July, Bitwise debuted a spot in Ethereum ETP, the Bitwise Ethereum ETF (ETHW), amassing over $300 million in assets.<\/p>\n","post_title":"Bitwise Acquires Largest Physical Bitcoin ETF Issuer ETC Group In European Expansion","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitwise-acquires-largest-physical-bitcoin-etf-issuer-etc-group-in-european-expansion","to_ping":"","pinged":"","post_modified":"2024-08-21 21:26:58","post_modified_gmt":"2024-08-21 11:26:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18306","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18216,"post_author":"21","post_date":"2024-08-15 21:19:20","post_date_gmt":"2024-08-15 11:19:20","post_content":"\n State-owned and Germany\u2019s largest development bank, KfW, is preparing for its anticipated blockchain-based digital bond offering. The bank teamed up with Boerse Stuttgart Digital (BSD) as an infrastructure provider partner ahead of the bond issuance in the coming weeks. <\/p>\n\n\n\n In a Monday announcement<\/a>, KfW head of transaction management Gaetano Panno said: <\/p>\n\n\n\n \"As one of the world's largest and most active bond issuers, we are actively driving digitalization initiatives in the issuing and settlement process.\"<\/em><\/p>\n\n\n\n BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"This acquisition allows us to serve European investors, to offer clients global insight, and to expand the product suite with innovative ETPs.\"<\/em><\/p>\n\n\n\n The acquisition of London-based ETC Group marks Bitwise's European expansion. ETC Group is also the issuer of Europe's largest physical Bitcoin ETP (BTCE) and other ETP products.<\/p>\n\n\n\n See Related: <\/em><\/strong>Financial Experts Uncertain Of Bitcoin ETF Launch In 2024<\/a><\/p>\n\n\n\n Bitwise's purchase of ETC Group adds nine European-listed crypto ETPs to its assets. ETC Group's assets under management are estimated at over $1 billion ETC, which raises Bitwise's assets above $4.5 billion. ETC Group's asset portfolio includes crypto exchange-traded products (ETPs) and MSCI Digital Assets Select 20 (DA20).<\/p>\n\n\n\n The San-Francisco-based Bitwise has been making inroads into crypto products<\/a>, launching its first spot Bitcoin ETP in January. The Bitwise Bitcoin ETF (BITB) has amassed over $2 billion in assets, making it among the fast-growing ETPs.<\/p>\n\n\n\n In July, Bitwise debuted a spot in Ethereum ETP, the Bitwise Ethereum ETF (ETHW), amassing over $300 million in assets.<\/p>\n","post_title":"Bitwise Acquires Largest Physical Bitcoin ETF Issuer ETC Group In European Expansion","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitwise-acquires-largest-physical-bitcoin-etf-issuer-etc-group-in-european-expansion","to_ping":"","pinged":"","post_modified":"2024-08-21 21:26:58","post_modified_gmt":"2024-08-21 11:26:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18306","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18216,"post_author":"21","post_date":"2024-08-15 21:19:20","post_date_gmt":"2024-08-15 11:19:20","post_content":"\n State-owned and Germany\u2019s largest development bank, KfW, is preparing for its anticipated blockchain-based digital bond offering. The bank teamed up with Boerse Stuttgart Digital (BSD) as an infrastructure provider partner ahead of the bond issuance in the coming weeks. <\/p>\n\n\n\n In a Monday announcement<\/a>, KfW head of transaction management Gaetano Panno said: <\/p>\n\n\n\n \"As one of the world's largest and most active bond issuers, we are actively driving digitalization initiatives in the issuing and settlement process.\"<\/em><\/p>\n\n\n\n BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Asset manager Bitwise has announced<\/a> the acquisition of crypto investment firm ETC Group. Bitwise CEO Hunter Horsley says the acquisition allows the asset manager to serve European clients and expand its product suite. He added: <\/p>\n\n\n\n \"This acquisition allows us to serve European investors, to offer clients global insight, and to expand the product suite with innovative ETPs.\"<\/em><\/p>\n\n\n\n The acquisition of London-based ETC Group marks Bitwise's European expansion. ETC Group is also the issuer of Europe's largest physical Bitcoin ETP (BTCE) and other ETP products.<\/p>\n\n\n\n See Related: <\/em><\/strong>Financial Experts Uncertain Of Bitcoin ETF Launch In 2024<\/a><\/p>\n\n\n\n Bitwise's purchase of ETC Group adds nine European-listed crypto ETPs to its assets. ETC Group's assets under management are estimated at over $1 billion ETC, which raises Bitwise's assets above $4.5 billion. ETC Group's asset portfolio includes crypto exchange-traded products (ETPs) and MSCI Digital Assets Select 20 (DA20).<\/p>\n\n\n\n The San-Francisco-based Bitwise has been making inroads into crypto products<\/a>, launching its first spot Bitcoin ETP in January. The Bitwise Bitcoin ETF (BITB) has amassed over $2 billion in assets, making it among the fast-growing ETPs.<\/p>\n\n\n\n In July, Bitwise debuted a spot in Ethereum ETP, the Bitwise Ethereum ETF (ETHW), amassing over $300 million in assets.<\/p>\n","post_title":"Bitwise Acquires Largest Physical Bitcoin ETF Issuer ETC Group In European Expansion","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitwise-acquires-largest-physical-bitcoin-etf-issuer-etc-group-in-european-expansion","to_ping":"","pinged":"","post_modified":"2024-08-21 21:26:58","post_modified_gmt":"2024-08-21 11:26:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18306","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18216,"post_author":"21","post_date":"2024-08-15 21:19:20","post_date_gmt":"2024-08-15 11:19:20","post_content":"\n State-owned and Germany\u2019s largest development bank, KfW, is preparing for its anticipated blockchain-based digital bond offering. The bank teamed up with Boerse Stuttgart Digital (BSD) as an infrastructure provider partner ahead of the bond issuance in the coming weeks. <\/p>\n\n\n\n In a Monday announcement<\/a>, KfW head of transaction management Gaetano Panno said: <\/p>\n\n\n\n \"As one of the world's largest and most active bond issuers, we are actively driving digitalization initiatives in the issuing and settlement process.\"<\/em><\/p>\n\n\n\n BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Asset manager Bitwise has announced<\/a> the acquisition of crypto investment firm ETC Group. Bitwise CEO Hunter Horsley says the acquisition allows the asset manager to serve European clients and expand its product suite. He added: <\/p>\n\n\n\n \"This acquisition allows us to serve European investors, to offer clients global insight, and to expand the product suite with innovative ETPs.\"<\/em><\/p>\n\n\n\n The acquisition of London-based ETC Group marks Bitwise's European expansion. ETC Group is also the issuer of Europe's largest physical Bitcoin ETP (BTCE) and other ETP products.<\/p>\n\n\n\n See Related: <\/em><\/strong>Financial Experts Uncertain Of Bitcoin ETF Launch In 2024<\/a><\/p>\n\n\n\n Bitwise's purchase of ETC Group adds nine European-listed crypto ETPs to its assets. ETC Group's assets under management are estimated at over $1 billion ETC, which raises Bitwise's assets above $4.5 billion. ETC Group's asset portfolio includes crypto exchange-traded products (ETPs) and MSCI Digital Assets Select 20 (DA20).<\/p>\n\n\n\n The San-Francisco-based Bitwise has been making inroads into crypto products<\/a>, launching its first spot Bitcoin ETP in January. The Bitwise Bitcoin ETF (BITB) has amassed over $2 billion in assets, making it among the fast-growing ETPs.<\/p>\n\n\n\n In July, Bitwise debuted a spot in Ethereum ETP, the Bitwise Ethereum ETF (ETHW), amassing over $300 million in assets.<\/p>\n","post_title":"Bitwise Acquires Largest Physical Bitcoin ETF Issuer ETC Group In European Expansion","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitwise-acquires-largest-physical-bitcoin-etf-issuer-etc-group-in-european-expansion","to_ping":"","pinged":"","post_modified":"2024-08-21 21:26:58","post_modified_gmt":"2024-08-21 11:26:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18306","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18216,"post_author":"21","post_date":"2024-08-15 21:19:20","post_date_gmt":"2024-08-15 11:19:20","post_content":"\n State-owned and Germany\u2019s largest development bank, KfW, is preparing for its anticipated blockchain-based digital bond offering. The bank teamed up with Boerse Stuttgart Digital (BSD) as an infrastructure provider partner ahead of the bond issuance in the coming weeks. <\/p>\n\n\n\n In a Monday announcement<\/a>, KfW head of transaction management Gaetano Panno said: <\/p>\n\n\n\n \"As one of the world's largest and most active bond issuers, we are actively driving digitalization initiatives in the issuing and settlement process.\"<\/em><\/p>\n\n\n\n BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Asset manager Bitwise has announced<\/a> the acquisition of crypto investment firm ETC Group. Bitwise CEO Hunter Horsley says the acquisition allows the asset manager to serve European clients and expand its product suite. He added: <\/p>\n\n\n\n \"This acquisition allows us to serve European investors, to offer clients global insight, and to expand the product suite with innovative ETPs.\"<\/em><\/p>\n\n\n\n The acquisition of London-based ETC Group marks Bitwise's European expansion. ETC Group is also the issuer of Europe's largest physical Bitcoin ETP (BTCE) and other ETP products.<\/p>\n\n\n\n See Related: <\/em><\/strong>Financial Experts Uncertain Of Bitcoin ETF Launch In 2024<\/a><\/p>\n\n\n\n Bitwise's purchase of ETC Group adds nine European-listed crypto ETPs to its assets. ETC Group's assets under management are estimated at over $1 billion ETC, which raises Bitwise's assets above $4.5 billion. ETC Group's asset portfolio includes crypto exchange-traded products (ETPs) and MSCI Digital Assets Select 20 (DA20).<\/p>\n\n\n\n The San-Francisco-based Bitwise has been making inroads into crypto products<\/a>, launching its first spot Bitcoin ETP in January. The Bitwise Bitcoin ETF (BITB) has amassed over $2 billion in assets, making it among the fast-growing ETPs.<\/p>\n\n\n\n In July, Bitwise debuted a spot in Ethereum ETP, the Bitwise Ethereum ETF (ETHW), amassing over $300 million in assets.<\/p>\n","post_title":"Bitwise Acquires Largest Physical Bitcoin ETF Issuer ETC Group In European Expansion","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitwise-acquires-largest-physical-bitcoin-etf-issuer-etc-group-in-european-expansion","to_ping":"","pinged":"","post_modified":"2024-08-21 21:26:58","post_modified_gmt":"2024-08-21 11:26:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18306","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18216,"post_author":"21","post_date":"2024-08-15 21:19:20","post_date_gmt":"2024-08-15 11:19:20","post_content":"\n State-owned and Germany\u2019s largest development bank, KfW, is preparing for its anticipated blockchain-based digital bond offering. The bank teamed up with Boerse Stuttgart Digital (BSD) as an infrastructure provider partner ahead of the bond issuance in the coming weeks. <\/p>\n\n\n\n In a Monday announcement<\/a>, KfW head of transaction management Gaetano Panno said: <\/p>\n\n\n\n \"As one of the world's largest and most active bond issuers, we are actively driving digitalization initiatives in the issuing and settlement process.\"<\/em><\/p>\n\n\n\n BSD is expected to oversee the crypto wallets and secure the private keys during the digital bond's issuance and redemption. KfW will issue the bonds under the German Electronic Securities Act (eWpG).<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n KfW\u2019s digital bond offering is part of the European Central Bank's trials of blockchain-based transaction settlement against central bank money. It follows the lender's first tokenized<\/a> security offering, which totaled 100 million euros ($108 million) in July.<\/p>\n\n\n\n Last month, Italian state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and Intesa Sanpaolo participated in similar bond issuance trials. In anticipation of EU-wide tests of blockchain-based settlements of financial instruments, BSD applied as a stock exchange operator at the end of June, also providing wallets and private key security.<\/p>\n","post_title":"Germany's Largest Development Bank Courts Boerse Stuttgart Digital For Its Tokenised Bond","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"germanys-largest-development-bank-courts-boerse-stuttgart-digital-for-its-tokenised-bond","to_ping":"","pinged":"","post_modified":"2024-08-15 21:19:25","post_modified_gmt":"2024-08-15 11:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18216","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Digital Bond Part of ECB\u2019s Blockchain Settlement Trials<\/h2>\n\n\n\n
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Digital Bond Part of ECB\u2019s Blockchain Settlement Trials<\/h2>\n\n\n\n
Acquisition Expands Bitwise's AUM To Above $4.5 Billion<\/h2>\n\n\n\n
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Digital Bond Part of ECB\u2019s Blockchain Settlement Trials<\/h2>\n\n\n\n
Acquisition Expands Bitwise's AUM To Above $4.5 Billion<\/h2>\n\n\n\n
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Digital Bond Part of ECB\u2019s Blockchain Settlement Trials<\/h2>\n\n\n\n
Acquisition Expands Bitwise's AUM To Above $4.5 Billion<\/h2>\n\n\n\n
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Digital Bond Part of ECB\u2019s Blockchain Settlement Trials<\/h2>\n\n\n\n
Acquisition Expands Bitwise's AUM To Above $4.5 Billion<\/h2>\n\n\n\n
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Digital Bond Part of ECB\u2019s Blockchain Settlement Trials<\/h2>\n\n\n\n
Acquisition Expands Bitwise's AUM To Above $4.5 Billion<\/h2>\n\n\n\n
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Digital Bond Part of ECB\u2019s Blockchain Settlement Trials<\/h2>\n\n\n\n
Acquisition Expands Bitwise's AUM To Above $4.5 Billion<\/h2>\n\n\n\n
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Digital Bond Part of ECB\u2019s Blockchain Settlement Trials<\/h2>\n\n\n\n
Acquisition Expands Bitwise's AUM To Above $4.5 Billion<\/h2>\n\n\n\n
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