Deployments · platform by Hauck Aufhäuser Lampe
Siemens digital bond on PolygonUpdated 14 Oct 2026
Siemens' first digital bond, a one-year EUR 60 million crypto security under Germany's Electronic Securities Act, recorded on the public Polygon blockchain and sold directly to three German investors without a paper global note or a central securities depository. Cash moved through conventional payment channels, so settlement took two days.
AnnouncedProof of conceptPilotLive (limited)Live (scaled)
Inactive · matured or redeemed since Feb 2024[1] — One-year bond issued February 2023; treated as matured in early 2024. · Reviewed 22d ago
- Assets
- Use cases
- Primary issuance[1]
- Jurisdictions
- Germany
Participants
- SiemensIssuer[1]Germany
- Hauck Aufhäuser LampePlatform provider, Transfer agent or registrar, Custodian, Paying or settlement agent[2][1]Germany
- Heuking Kühn Lüer WojtekLegal or professional adviser[2]Germany
- DekaBankInvestor[1][2]Germany
- DZ BANKInvestor[1][2]Germany
- Union InvestmentInvestor[1][2]Germany
Operates under
- Electronic Securities Act (eWpG), GermanyGermany · Primary legislation[1]
Likely relevant regulation
- EU DLT Pilot RegimeEuropean Union
Assets
Metrics
- €60mDigital bonds issued · as of Feb 2023[1]
Timeline
- Happened Feb 2024 (month only) · Retired · recorded 11 Oct 2026The one-year bond reaches maturity.[1]
- Happened 14 Feb 2023 · Launch · recorded 11 Oct 2026Siemens issues a EUR 60 million one-year digital bond on Polygon, placed directly with DekaBank, DZ BANK and Union Investment.[1]
Sources
- [1]https://www.ledgerinsights.com/siemens-digital-bond-blockchain/ — Ledger Insights, 14 Feb 2023. Accessed 11 Oct 2026.C
- [2]Heuking advises Hauck Aufhäuser Lampe as registrar on Siemens AG's first crypto securities issue — Heuking Kühn Lüer Wojtek, 14 Feb 2023. Accessed 14 Oct 2026.B
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