Deployments · platform by firstwire

Vonovia digital registered bond on StellarNew

Vonovia's EUR 20 million three-year registered bond of January 2021, represented only by security tokens (VNA1) on the public Stellar blockchain. It was placed privately through the firstwire debt marketplace with M.M. Warburg as investor, and Bitbond supplied the tokenisation and custody technology. It came just before Germany's Electronic Securities Act and was among the first German corporate bonds issued on a public blockchain. On its three-year term it would have matured around early 2024.

Inactive · matured or redeemed since Jan 2024^[1]i — The three-year bond issued in January 2021 matured around January 2024 (from its term; no redemption notice found). · Reviewed 17d ago i

Assets

Debt security^[1]

Registered bond represented solely by VNA1 security tokens

Networks

Stellar Public, permissionless^[1][2]

Use cases i

Primary issuance^[1]

Jurisdictions

Germany

Participants

• VonoviaIssuer^[1][2]Germany
• M.M. Warburg & Co.Investor^[1][3]Germany
• BitbondTechnology provider, Custodian^[1][2]Germany
• firstwirePlatform provider, Distributor^[1][2]Germany

Likely relevant regulation i

• Electronic Securities Act (eWpG), GermanyGermany
• EU DLT Pilot RegimeEuropean Union

Assets

• IssuesVonovia EUR 20m 3-year digital registered bond on Stellar, 2021 (VNA1)^[1]

Metrics i

• €20mDigital bond issued · as of Jan 2021^[1]

Timeline

1. Happened Jan 2024 (month only) · Retired · recorded 17 Oct 2026
   Expected maturity of the three-year bond (inferred from the term; no redemption notice found).^[1]
2. Happened Jan 2021 (month only) · Launch · recorded 17 Oct 2026
   Vonovia issues a EUR 20 million three-year registered bond as VNA1 security tokens on Stellar, placed via firstwire with M.M. Warburg.^[1][2]

Sources i