ABN AMRO, a leading Dutch bank, has partnered with Tokeny to tokenize a green bond on a public blockchain, marking a significant step forward in sustainable finance. This pioneering initiative employs Tokeny’s ERC3643 standard and showcases the intersection of blockchain technology, environmental responsibility, and financial innovation.

The result is a EUR 5 million funding secured by Vesteda from DekaBank, a milestone in sustainable finance. The tokenization process ensures robust control over digital bonds, allowing ABN AMRO to track token ownership, recover digital securities from external wallets, and protect investors’ rights. Authorized agents have stringent oversight over the transfer of digital bonds, ensuring that transfers are exclusive to authorized investors.

This achievement demonstrates that securities can be effectively represented on a public blockchain without compromising regulatory compliance. The use of blockchain technology enables transparency, efficiency, and accessibility in the financial world. Martijn Siebrand, Digital Assets at ABN AMRO, highlighted the bank’s commitment to innovation, emphasizing the potential for blockchain to redefine the financial landscape in the Netherlands and beyond.

Tokeny’s role in this historic achievement is crucial, providing a compliance infrastructure for digital assets that allows financial actors to compliantly issue, transfer, and manage securities using distributed ledger technology. The collaboration between ABN AMRO and Tokeny sets the stage for a revolution in financial markets, showcasing the future of sustainable financing and the coexistence of compliance and innovation on the blockchain.