Cashlink Technologies, FINEXITY Group, and Tangany launched a regulated tokenized capital market infrastructure on Stellar, backed by the Stellar Development Foundation. The system was validated through a €3 million tokenized bond issuance for Germany's Ratekau Solar Park, demonstrating institutional-grade efficiency for real-world infrastructure financing.
Three German regulated entities—Cashlink Technologies, FINEXITY Group, and Tangany—have built and deployed a tokenized capital market infrastructure on the Stellar blockchain with support from the Stellar Development Foundation. The system integrates issuance, settlement, custody, and regulatory record-keeping in a unified framework. It was validated through a live €3 million tokenized securities issuance for the Ratekau Solar Park, a 4.13 megawatt-peak solar installation in northern Germany with battery storage. The infrastructure is designed as an open system to reduce fragmentation and promote interoperability across DLT-based capital markets. This represents Stellar's first tokenized infrastructure bond from the regulated German capital market and demonstrates how blockchain can support complex financing models for sustainable infrastructure.