Registered bond in ECB wholesale DLT settlement trial
WIBank, public sector, on Polygon since October 2024.
Development bank of the German state of Hesse, part of Helaba. Investor Bankhaus Metzler, DLT operator Cashlink, delivery-versus-payment via the Bundesbank Trigger Solution, a bridge to TARGET2 rather than on-chain cash. The chain is named in the ECB's own Annex II documentation of the 2024 exploratory trials.
In the record
22
months from first observation to the record's assessment of August 2026
8
public sector rows in the record, this one included
7
rows filed to Polygon by their sources
What it bears on
R3Do we know what this instrument is, legally, in every venue we operate?
needs design
ETH is a digital commodity in the United States and stablecoin law is in force. Market-structure legislation stalled, and jurisdictions are diverging.
R6Who is the counterparty when there is no counterparty?
needs design
An ownerless system meeting procurement built for vendors. Six organisations can take your first call, and our own unincorporated status is part of this problem, not outside it.