German Bank Uses Stellar Lumens Blockchain for Tokenization

in #steempress • 5 years ago



German bank Von Der Heydt announces plan to tokenize securities using the Stellar Lumen blockchain. Von Der Heydt is one of the oldest banks in Germany. The XLM blockchain will reduce costs of trading by cutting out the middleman. The Munich based bank plans to limit the securities offer to institutional customers, but that may change in the future.

As of now, the price of XLM has not seemed to react to the news.

Stellar Lumens XLM




Posted from my blog with SteemPress : http://cryptohodl.group/german-bank-uses-stellar-lumens-blockchain-for-tokenization/
#steem #blockchain #stellarlumens
5 years ago in #steempress by
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