Introducing the Bitbond Token (BB1)
The Bitbond Token (BB1) is Germany's first security token and aims to make business lending globally accessible.
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.
BB1 Token sale
Investors who join early will get a discount on their investment.
The applied discounts change either after the time period for a discount tier is over or when the maximum investment amount of a discount tier has been committed by token investors.
Until 8th of AprilOr up to €3m raised
Until 15th of AprilOr up to €5m raised
Until 22nd of AprilOr up to €9m raised
Until 10th of MayOr up to €100m raised
EUR 0.9010% discount
EUR 0.955% discount
EUR 0.973% discount
EUR 1.00regular price
What is Bitbond Finance?
The issuer of the token is Bitbond Finance GmbH, a company fully owned by Bitbond GmbH. 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 mission of Bitbond is to make investing and financing globally accessible.
BB1 is Germany's first security token offering with a prospectus that is compliant with EU prospectus regulation.
In order to provide the best possible experience, Germany's first security token will be issued on the Stellar blockchain. With a processing capacity of over 1,000 transactions per second, transaction costs at a fraction of a cent, a built in decentralized exchange and a global network of active partners using the platform, Stellar is one of the most efficient blockchains for payment processing and token issuance.
Bitbond's Investors & Team
Bitbond has attracted some of the best venture capitalists and advisors in the Fintech space.
Point Nine Capital
The Angel VC
Point Nine is an early-stage Venture Capital firm from Berlin, invested in companies like Delivery Hero, Revolut or Zendesk, amongst many others.
Sky Level Group
Group of Investors
Sky Level is a group of experienced and serial investors who have invested in companies like Mobilike.
As the co-founder and CEO of Kreditech, Alexander Graubner-Müller has been named in Forbes 30 under 30.
Janis Zech is the co-founder of Fyber & investor passionate about tech startups, bright minds & bold ideas.
Christian Vollmann is a serial investor and founder of nebenan.de. He was also one of the first investors in ResearchGate.
Nelson Holzner is a serial entrepreneur and among others, he founded and exited the fintech startup BillPay.
Co-Founder, Project A
Florian Heinemann is a Founding Partner at Project A Ventures. Before that he was Managing Director at Rocket Internet.
Felix Jahn is a co-founder of Home24 and McMakler GmbH. He is also a renowned angel investor.
founder & ceo
Radko is passionate about finance and crypto. Previous to Bitbond, he advised banks at Roland Berger and was a trader at Deutsche Bank.
Jarek has spent the last 16 years building products with hassle-free user experiences enabled by technologies like web/mobile/AR/blockchain.
Michael has 19+ years experience in banking and credit products. He was a Managing Director at German IKB and worked as a lawyer for Hengeler Mueller and KPMG.