Bitbond

March 11, 2019

May 10, 2019

ICO Information

ICOs Description

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.

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