Blockchain Fintech Firm Bitbond Joins German Bank Association Bankenverband

The Berlin-based fintech firm announced Tuesday it joined the association for private banks in Germany.

Jul 21, 2020 at 4:08 p.m. UTC
Updated Sep 14, 2021 at 9:33 a.m. UTC

Bitbond, a Germany-based firm that provides blockchain enabled tokenization services, announced on Tuesday that it had become a member of the German bank association Bankenverband. 

  • In an emailed announcement, the firm said the bank association has already been working with initiatives like the digital euro, and Bitbond would contribute its expertise in the tokenization and digital asset custody area through its membership. 
  • Bankenverband, or the Association of German Banks, represents about 200 commercial banks in the country. 
  • Back in February, Bitbond said it had partnered with the Munich based Bank von der Heydt, to help integrate blockchain technology with the bank’s established securitization services. 


The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.