Assets · Debt security · issued by Berlin Hyp

Berlin Hyp EUR 100m 2.75% blockchain Pfandbrief on SWIAT, 2024New

The first blockchain-based Pfandbrief (mortgage covered bond), issued as a crypto security under the eWpG on SWIAT's private permissioned blockchain, with DekaBank keeping the crypto securities register. Syndicated by DekaBank and LBBW, with Metzler as anchor investor; expected Aaa (Moody's). Not eligible as ECB collateral and not listed on a regulated market.

Asset sources[1][2][3] · ISIN DE000BHY1BC2

~€100mSupply, 8 Nov 2026
1Networks
0Also used by
Issued
6 Aug 2024
Matures
29 Jul 2027
Size
€100m
Coupon
2.75% fixed

Issued through Berlin Hyp blockchain Pfandbrief on SWIAT Live (limited)

Classification · high confidence

Legal form
Debt security from CFI code (CFI DBFSFB)
Underlying
Corporate debt
Value behaviour
Fixed income · pays income
Ledger role
Native
Legal labels
crypto security (Kryptowertpapier, eWpG) (Germany)[1]; Pfandbrief (mortgage covered bond, Pfandbrief Act) (Germany)[1]

Covered bond: underlying corporate-debt as the rulebook lists covered bonds there (cover-pool look-through not applied; see run decision).

Sourced[3]. How assets are classified: methodology.

Contracts

No contract addresses recorded yet.

Sources

  1. [1]Lessons Learnt – First Blockchain Pfandbrief — Berlin Hyp, 2024. Accessed 17 Oct 2026. Issuer's term sheet and lessons-learnt deck; the live berlinhyp.de URL now returns 404, archived copy opened..B
  2. [2]Changing it up: KfW active as an investor in crypto securities for the first time — KfW, 29 Apr 2025. Accessed 17 Oct 2026.B
  3. [3]FIRDS instrument reference data: DE000BHY1BC2 (BHH 2 3/4 07/29/27) — ESMA (FIRDS). Accessed 21 Oct 2026. CFI DBFSFB..A

More: debt security