The Bitbond Token (BB1) is Germany's first security token and aims to make business lending globally accessible. Bitbond is the first crypto-currency based lending platform for business loans that operates globally. Founded in 2013, Bitbond now facilitates more than $1 million in business loans every month. The issuer of the token is Bitbond Finance GmbH, a company fully owned by Bitbond GmbH. Token holders will receive 1% interest on their invested amount every quarter (4% per year). Additionally, token holders receive a variable coupon paid out once per year. Both the quarterly and the annual coupons continue for 10 years, at which point the token reaches its maturity and is bought back at its face value of €1 per token. If you want to take advantage of the discounts, we encourage you to invest on March 11th, 2019 as discounts will be allocated on a first come first serve basis.
The Bitbond Token (BB1) is Germany's first licenced security token and aims to make business lending globally accessible.
- Who is Bitbond?
Bitbond is the first global SME lending platform that connects creditworthy borrowers to investors via blockchain-driven transactions. Since its launch in 2013 Bitbond has scored over 15,000 loan applications and issued over €13 million worth of loans to small businesses from around the world! The issuer of the token is Bitbond Finance GmbH, a company fully owned by Bitbond GmbH.
Token Holder receive: 4% p.a. fixed coupon paid out in 4x1% payments on a quarterly basis Variable coupon of 60% of the pre-tax profits of our SME loan investments BB1 has a maturity of 10 years, after which Bitbond will buy back the BB1 token at its original issuing price of €1. Throughout the maturity, the BB1 token is tradable via the Stellar decentralized exchange and several centralized exchanges.