ABN Amro issues €5M digital green bond through Polygon-powered Tokeny

Dutch bank ABN Amro has carried out a digital green bond offering that made use of Polygon’s layer 2 Ethereum scaling technology to raise €5 million.

The green bond was issued as a ERC3643 token through Tokeny, an infrastructure platform that uses Polygon to allow financial institutions issue and manage securities and financial instruments.

ABN AMRO was able to secure €5 million in funding for real estate investor Vesteda. According to the bank, Vesteda intends to use the funding to…