The Bitbond Token (BB1) is Germany's first security token and aims to make business lending globally accessible. Bitbond is a 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 issuer of the token is Bitbond Finance GmbH, a company fully owned by Bitbond GmbH. BB1 are Stellar-based tokens, 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.
