Assets · Debt security · issued by KfW

KfW EUR 100m 3.125% crypto security bond on Polygon, 2024Updated 21 Oct 2026

KfW's first blockchain bond and, in KfW's words, the first syndicated crypto security in Germany: a bearer bond under the eWpG registered by Cashlink on public Polygon, with DZ BANK as collective registered holder. Bookrunners Deutsche Bank, DZ BANK, LBBW and Metzler. Matured December 2025. ISIN DE000A383BJ9 from ESMA's FIRDS register (matched on coupon, maturity and size).

Asset sources[1][2][3] · ISIN DE000A383BJ9

€100mSupply, Sep 2026
2Networks
0Also used by
Issued
4 Jul 2024
Matures
10 Dec 2025
Size
€100m
Coupon
3.125% fixed

Issued through KfW blockchain bonds (crypto securities under the eWpG) Live (limited)

Classification · high confidence

Legal form
Debt security from CFI code (CFI DBFTFB)
Underlying
Government debt
Value behaviour
Fixed income · pays income
Ledger role
Native
Legal labels
crypto security (Kryptowertpapier, eWpG) (Germany)[1]

Agency issuer (state promotional bank): underlying government-debt under the rulebook, not supranational.

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

Contracts

No contract addresses recorded yet.

Sources

  1. [1]https://ledgerinsights.com/government-owned-kfw-issues-e100m-crypto-digital-bond-on-polygon-blockchain/ — Ledger Insights, 3 Jul 2024. Accessed 12 Oct 2026.C
  2. [2]KfW issues its first blockchain-based digital bond under the German Electronic Securities Act (eWpG) — KfW, 2 Jul 2024. Accessed 12 Oct 2026. Body text did not render when opened; used for the issue's existence and date only..B
  3. [3]FIRDS instrument reference data: DE000A383BJ9 (KFW 3.125 10/12/25) — ESMA (FIRDS). Accessed 21 Oct 2026. CFI DBFTFB..A

More: debt security