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 initiative employs Tokeny’s ERC3643 standard and showcases the intersection of blockchain technology, environmental responsibility, and financial innovation.

The result is a substantial EUR 5 million in funding secured by Vesteda from DekaBank, a milestone in sustainable finance. ABN AMRO’s use of blockchain technology allows for the tracking of token ownership, recovery of digital securities, and stringent oversight over the transfer of digital bonds. This ensures the protection of investors’ rights and compliance with regulatory requirements.

Martijn Siebrand, Digital Assets at ABN AMRO, highlighted the bank’s commitment to innovation, transparency, and efficiency. Tokeny’s role in this achievement is crucial, providing a compliance infrastructure for digital assets that enables financial actors to issue, transfer, and manage securities using distributed ledger technology.

The collaboration between ABN AMRO and Tokeny demonstrates that compliance and innovation can coexist on the blockchain, ushering in a new era of transparency and efficiency in the financial world. This initiative paves the way for greater web3 adoption and on-chain compliance, setting the stage for a revolution in financial markets and beyond.