Assets · Debt security · issued by NRW.BANK

NRW.BANK EUR 100m 2.16% crypto bond on Polygon, 2025 (NRW1)New

Two-year bearer bond of NRW.BANK issued as a crypto security under the eWpG on Polygon, with Cashlink as crypto securities registrar; syndicated by DekaBank, Deutsche Bank and DZ BANK with KfW as anchor investor.

Asset sources[1][2][3] · ISIN DE000NWB2Z08

~€100mSupply, 8 Nov 2026
1Networks
0Also used by
Issued
Jul 2025
Matures
Jul 2027
Size
€100m
Coupon
2.16% fixed

Issued through NRW.BANK blockchain bond on Polygon (crypto security 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]NRW.BANK issues first blockchain-based bond — NRW.BANK, 10 Jul 2025. Accessed 18 Oct 2026.B
  2. [2]NRW.BANK electronic bond (NRW1) - RWA Dashboard & Analytics — DefiLlama. Accessed 18 Oct 2026. Source of the ISIN and ticker..B
  3. [3]FIRDS instrument reference data: DE000NWB2Z08 (NRWBK 2.16 07/09/27 BOND) — ESMA (FIRDS). Accessed 21 Oct 2026. CFI DBFTFB..A

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