Cashlink Technologies: registers for crypto securities
Cashlink Technologies, a fintech from Frankfurt, keeps the registers in which crypto securities under Germany's Electronic Securities Act (eWpG) are recorded. It holds BaFin licenses as a crypto securities registrar and as a qualified crypto custodian, and NRW.BANK registered its 100 million euro digital bond on Polygon through Cashlink.
Registers for tokenized bonds and funds
Cashlink is a regulated financial institution with BaFin licenses for crypto securities registration and qualified crypto custody. Issuers use its platform for token-based bonds and tokenized funds under the eWpG, and Cashlink offers the securities to investors through custodian banks. It records them on selected DLT networks. Cashlink received its custody license in addition to the registrar license, Ledger Insights reported.
Settlement with stablecoins and central bank money
Cashlink supports delivery versus payment with stablecoins that comply with MiCAR, and central bank money through Pontes, the Eurosystem's link between DLT platforms and its TARGET payment system. Cashlink kept the register for the NRW.BANK bond on Polygon, which DZ BANK co-led.
21X, the Frankfurt DLT trading venue, partnered with Cashlink on tokenized securities in Germany, Post Trade 360 reported.
Upcoming tokenization and capital markets events
Investment & Digital Assets
What is Cashlink Technologies?
Cashlink Technologies is a fintech from Frankfurt that keeps registers for crypto securities under the eWpG. It holds BaFin licenses as a crypto securities registrar and as a qualified crypto custodian.
What does a crypto securities registrar do?
Under the eWpG, a crypto security exists as an entry in a register kept on a distributed ledger. The registrar keeps that register and needs a BaFin license for it, which Cashlink holds.
Which blockchain does Cashlink use?
Cashlink records securities on a limited set of DLT networks it selects. NRW.BANK's digital bond, registered through Cashlink, ran on Polygon.
Crypto securities in Germany
Tokenized assets
Cashlink and Finance Loop
Finance Loop covers crypto securities and their registers in the Investment & Digital Assets track, and the cash leg of their settlement in Payments & Digital Money.
Finance Loop is a media partner of Capital & Code, the Frankfurt conference on stablecoins and tokenized funds, where Cashlink is a partner.
Finance Loop is a professional network and has the goal of driving the adoption of emerging technologies in finance, such as AI, digital payments, cloud and blockchain solutions. Finance Loop helps its members build skills and personal networks in these fields: Investment & Digital Assets, Payments & Digital Money, Digital Infrastructure & Sovereignty, and Risk & Compliance.