The Bitbond Token (BB1) is Germany’s first security token and aims to make business lending globally accessible.
The Bitbond Token (BB1) gives investors the opportunity to get exposure to a diversified portfolio of SME loans. Each BB1 Token has a face value of EUR 1 and pays a fixed 4% coupon per year (paid out quarterly, so 1% 4x per year) and a variable coupon which represents 60% of the profits of their investments paid out annually.
The Bitbond STO is the first security token offering in Europe with a security prospectus the complies with the EU Prospectus Regulation. This will add a lot of credibility to the STO space and at the same time create a lot of value for the business owners who receive funding from the proceeds of the STO.