The German state-owned bank KfW will launch a blockchain-based digital bond, and the bank has selected the Stuttgart Digital Exchange (BSD) as an infrastructure provider partner in preparation for the upcoming blockchain-based digital bond issuance. It is reported that KfW plans to issue bonds under the German Electronic Securities Act (eWpG) in the coming weeks. The BSD will oversee crypto wallets and protect private keys during issuance and redemption. The upcoming service will be part of an experiment by the European Central Bank to settle blockchain transactions using central bank money.