German Real Estate Group Issues $ 24 Million Bond Using Stellar Blockchain By Cointelegraph

German Real Estate Group Issues $ 24 Million Bond Using Stellar Blockchain

Vonovia, a major European real estate group, has issued a 20 million euro ($ 24 million) bond using the Stellar blockchain. According to a January 13 announcement, Vonovia has implemented the Stellar blockchain to issue security tokens for the transfer of real estate rights. The tokens were issued through an online marketplace called firstwire. Vonovia said that the blockchain-powered bond has a total term of three years. Continue reading on Coin Telegraph

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