Cointime

Cointime

Download App
iOS & Android
Home / Projects

Austria’s GreenRock Energy Is Issuing a Tokenized Green Bond Worth €25 Million ($27M) on the Public Polygon Blockchain

Austria's GreenRock Energy is issuing a tokenized green bond worth €25 million ($27m) on the public Polygon blockchain, with the funds to be invested in solar panel businesses and installations. The issuance of the tokens is approved by Germany's BaFin, Austria's FMA and Italy's CONSOB.

The low issuance cost for SMEs and fractionalization enabled by tokenization make it more accessible for retail investors, but the risks to consumers without a clear risk rating are substantial. The bond has no fixed maturity date, and investors cannot force bankruptcy if the company doesn't have funds for redemption or to pay the bond interest.

Polygon
Comments

All Comments

Recommended for you

  • Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts

     Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts with a maximum leverage of 75x on November 21, 2024 at 11:30 (UTC).

  • Lido is preparing a blockchain identity verification platform codenamed "Y" to compete with World Network

    According to insiders, Cyber Fund, led by Lido co-founders Konstantin Lomashuk and Vasiliy Shapovalov, is preparing a blockchain identity verification platform codenamed "Y" to directly compete with Sam Altman's World Network. Unlike World Network, which uses iris scanning for identity verification, the Y project will use users' social media and blockchain activity data, combined with Ethereum Attestation Service, to verify their identity. The solution aims to address the risk of biometric data leakage and minimize the potential for fraud.

  • The country's first digital RMB-based intellectual property securitization product was successfully issued

    "Yongxing-Guofu-Ningbo Intellectual Property Asset Support Special Plan (Specialization and Innovation)" with Yongzheng Asset Management as the manager and Yongxing Securities as the sales organization held a listing ceremony on the Shanghai Stock Exchange. The first issue size was 138 million yuan, with a term of 1 year and a coupon rate of 2.2%. The product's priority bond rating was AAA, and it was the first knowledge-based securities product to be invested in digital RMB form nationwide, and also a breakthrough in the Ningbo knowledge-based securities project.

  • APT breaks through $9.5

    market showed that APT broke through $9.5 and is now reporting at $9.51, with a 24-hour drop of 4.04%. The market is volatile, so please be prepared for risk control.

  • BTC falls below $72,000

    the market shows BTC has fallen below $72,000, currently trading at $71,959.7 with a 24-hour increase of 0.69%. The market is volatile, please be prepared for risk control.

  • BTC breaks through $67,300

    market data shows that BTC has broken through $67,300 and is currently trading at $67,301.99, with a 24-hour increase of 0.56%. The market is volatile, so please be prepared for risk management.

  • BTC falls below $67,000

    the market shows BTC has fallen below $67,000 and is now trading at $66,999.23, with a 24-hour decline of 0.6%. The market is volatile, so please be prepared for risk control.

  • BTC breaks through $67,000

    According to Jinse Finance, the market shows that BTC has broken through $67,000 and is now trading at $67,002, with a 24-hour decline narrowing to 1.51%. The market is volatile, please be prepared for risk control.

  • IBIT had a net inflow of US$291 million yesterday

    According to data from Bloomberg Terminal, the net inflow of $291 million was recorded yesterday for the BlackRock Bitcoin Spot ETF IBIT.

  • In April, Polygon’s on-chain NFT sales exceeded US$50 million, setting the second highest record of the year

    According to Cryptoslam data, the NFT sales on Polygon chain in April exceeded 50 million US dollars, reaching 51,539,690.69 US dollars, setting the second highest monthly sales record in 2024, second only to January's sales of 112 million US dollars this year. In addition, the NFT trading volume on Polygon chain in April increased significantly to 1.5 million transactions, with nearly 90,000 independent sellers and over 33,000 independent buyers.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company