Finexity AG: Cashlink, FINEXITY and Tangany Launch Regulated Tokenized Capital Market Infrastructure on the Stellar Blockchain

Cashlink Technologies GmbH, FINEXITY Group, and Tangany have jointly implemented an infrastructure project supported by the Stellar Development Foundation. The project’s objective is to build and productively deploy a regulated, interoperable, token-based capital market infrastructure on the Stellar blockchain.

The infrastructure developed as part of the project has already been deployed in a first real-world use case: the tokenized securities issuance for the Ratekau Solar Park in Germany is executed – technically and from a regulatory standpoint – via the shared infrastructure. The issuance volume amounts to up to EUR 3.0 million. This use case serves to validate the end-to-end setup under live market conditions. The project is realized under a grant from the Stellar Development Foundation, which specifically supports practice-oriented applications to further adoption and maturity of the Stellar ecosystem in institutional contexts

 

Building a Productive Value Chain on Stellar

The project covers the complete lifecycle of tokenized securities and integrates regulatory record-keeping, institutional custody, and issuance and settlement within a single, unified setup on the Stellar blockchain.

Cashlink, as a BaFin-licensed crypto securities registrar, fulfills the core regulatory function and provides the technical and legal foundations for registry maintenance and issuance. Tangany complements the infrastructure with institutional custody solutions for the secure and regulatory-compliant safekeeping of tokenized assets. FINEXITY is responsible for the capital market-grade structuring and execution of the project in the form of a live issuance, contributing its distribution capabilities and settlement expertise to the shared infrastructure.

The open architecture enables additional market participants to connect to the infrastructure, thereby contributing to a reduction of fragmentation in the DLT-based capital markets.

The Stellar network is one of the leading blockchains for the tokenization of regulated financial products. Tokenized assets with a total volume of over USD 1.6 billion are currently represented on the network, including from institutional issuers such as Franklin Templeton, WisdomTree, and Spiko. With this issuance via FINEXITY, the Stellar ecosystem gains its first tokenized infrastructure bond from the regulated German capital market.

Live Use Case on the Stellar Blockchain

The infrastructure built as part of the project is already in productive use: via the FINEXITY platform, the tokenized bond for the Ratekau Solar Park of Green Vision Two is being issued. The project encompasses an open-field solar park in northern Germany with an issuance volume of up to EUR 3.0 million and total investment of approximately EUR 5.7 to 5.8 million, including bank financing.

The solar park combines a photovoltaic system with 4.13 MWp installed capacity and an expected annual output of approximately 4.27 GWh with an integrated battery energy storage system (BESS) of the CATL TenerStack type, which can be charged flexibly from renewable generation or the grid. This extends the revenue logic beyond pure power generation and serves as an example of structured financing for real-world infrastructure projects via tokenized capital market instruments.

“The Solarpark Ratekau bond issuance demonstrates how tokenized capital markets work in practice: institutional-grade, efficient, and accessible to investors starting at €50. The fact that three licensed German partners — Cashlink, FINEXITY, and Tangany — are now productively using the Stellar blockchain highlights the growing role of the Stellar network in European capital markets.” – Malte Baumann, Director of Tokenization & RWA, Stellar Development Foundation

 

Disclaimer
This announcement does not constitute a public offering or a solicitation of a public offering of securities, particularly within the meaning of Regulation (EU) 2017/1129 (Prospectus Regulation).


About FINEXITY
FINEXITY (XETRA: FXT) operates in the digital assets space with offices in Germany, Switzerland, Liechtenstein, and the United Arab Emirates. Through its proprietary OTC platform infrastructure, FINEXITY connects over 50 issuers of tokenized private market investments with six trading partners and more than 84,000¹ registered investors. The platform enables access to a wide range of Private Market asset classes – including private equity, private credit, real estate, infrastructure, renewable energy, and collectibles. Trading partners include independent financial advisors, wealth managers, as well as German Sparkassen and Volksbanken.

This infrastructure is complemented by an in-house capital markets team that supports issuers with efficient structuring and investment brokerage services targeting both retail and professional investors.Combining exchange infrastructure and capital markets expertise, FINEXITY provides the full value chain of tokenized securities – from structuring and tokenization to placement, OTC trading, and settlement.
  
Over the past few years, the group has raised more than EUR 27 million in growth capital from business angels, strategic investors, and venture capital firms.

¹FINEXITY Group: 14.000 + Effecta GmbH: 70.000; The figures shown are pro forma, unaudited, and provided for illustrative purposes only. The acquisition of 90.10 % of the Effecta GmbH remains subject to the successful completion of the ownership control procedure.

More information at: www.finexity-group.com


About Cashlink

Cashlink Technologies is a regulated financial institution offering Europe's leading token-based capital market infrastructure. Cashlink provides comprehensive services for issuing and settling token-based securities, fully licensed as a crypto securities registrar and crypto custodian.

Financial institutions partnering with Cashlink gain significant cost savings, efficiency, and competitive advantages through Cashlink´s banking grade infrastructure.

Backed by prominent venture capital investors like TX Ventures and strategic investors such as Helaba, Cashlink actively shapes the future of capital markets. This engagement includes participation in forums like the Digital Finance Forum of the German Government and founding memberships in associations such as the Bundesverband für elektronische Wertpapiere e.V.. Cashlink is also a three-time winner of the FinTech Germany Award and is based in Frankfurt am Main, Germany.

About Stellar
The Stellar network is a decentralized, fast, scalable, and uniquely sustainable blockchain built for financial products and services. It offers builders smart contracts functionality and a protocol optimized for payments, with a design intended to keep fees low and to provide transaction speeds that can scale with increased adoption. Financial institutions and innovators worldwide issue assets and settle payments on the Stellar network, which has processed billions of operations with millions of accounts since the network was first launched.

Media Contact FINEXITY                               
Robin Tillmann                                                       Sascha Dettmar
E-Mail: presse@finexity.com                                 E-Mail: sascha@dettmar.email
Mobile: +49 175 389 7878                                     Mobile: +49 151 1007 0566


Media Contact Cashlink
Julia Hösselbarth
Senior Marketing Manager
E-Mail: julia.hoesselbarth@cashlink.de