Bitbond

Overview

Bitbond is a Berlin-based fintech and technology company, founded in 2013 by Radoslav Albrecht, that builds blockchain-based tokenization infrastructure. Bitbond began as a Bitcoin-collateralized lending platform for small and medium-sized businesses and later became best known for issuing Germany's first BaFin-approved, blockchain-based security token offering (the Bitbond Token, 2019). The company has since repositioned around enterprise tokenization technology — software that lets banks, asset managers and corporates issue and manage tokenized bonds, funds and other digital securities.

Why this entity matters

Bitbond's 2019 security token offering is widely cited in DACH fintech and crypto coverage as one of the first instances of a German financial regulator (BaFin) approving a blockchain-based security offering under existing securities law, ahead of the EU's later MiCA framework. That regulatory first gave Bitbond visibility as a pioneer of the German tokenization and digital-securities space, and the company has since built out tooling (including its Token Tool product) aimed at institutional issuers rather than retail lending, reflecting the broader shift in the blockchain-finance sector from consumer lending toward regulated institutional infrastructure.

Company or institutional background

Bitbond was founded in 2013 in Berlin by Radoslav Albrecht, who remains CEO according to the company's own site https://www.bitbond.com and his public LinkedIn profile. Early press coverage (EU-Startups, Finovate) describes Bitbond's original business as blockchain-based SME lending, including a reported €5 million debt-financing commitment in 2017. In 2019 Bitbond completed a BaFin-approved security token offering, raising a reported US$2.3+ million (per Finovate) via the Bitbond Token. In subsequent years the company's public-facing product focus shifted toward its tokenization technology suite (branded around Token Tool / an asset-tokenization suite), used by enterprise and institutional clients to issue and administer tokenized financial instruments, including a publicly announced technology partnership with digital-asset infrastructure provider Fireblocks. Startuprad.io has not independently verified Bitbond's current revenue, headcount or full client roster.

Role in the ecosystem

Bitbond occupies the regulated tokenization / digital-securities infrastructure layer of the DACH fintech and crypto ecosystem, adjacent to BaFin-regulated peers and to European exchanges and custodians building out tokenized-asset rails. Its early SME-lending product placed it, at founding, alongside other European alternative-lending fintechs of the mid-2010s, most of which have since either scaled, pivoted or shut down.

Selected relationships and affiliations

Bitbond is regulated in Germany by BaFin for its security-token activities. Public sources describe a technology partnership with Fireblocks aimed at institutional tokenization use cases. Founder and CEO Radoslav Albrecht is the company's primary public spokesperson across press interviews and industry panels on tokenization.

Startuprad.io relevance

Startuprad.io interviewed Bitbond directly around its BaFin-regulated security token offering in a founder feature, and later referenced blockchain tokenization concepts — including NFTs — in an explainer piece relevant to Bitbond's technology domain. Bitbond's regulatory-first status made it a natural subject for Startuprad.io's DACH fintech and crypto coverage.

Public source context

This record draws on Bitbond's own website https://www.bitbond.com and https://www.bitbond.com/company , on press coverage from EU-Startups, Finovate and Finance Magnates regarding the BaFin-approved security token offering, and on the Fireblocks partnership announcement. Figures on funding and token-raise amounts are as reported by these outlets and have not been independently re-verified against Bitbond's own financial records for this record.

Startuprad.io coverage

Meet Berlin-based Fintech Bitbond, the Company Behind Germany's First Regulated Security Token Offering
Published: 08 January 2021
Last updated: 20 September 2026
Coverage type: Interview
https://www.startuprad.io/post/meet-berlin-based-fintech-bitbond-the-company-behind-germany-s-first-regulated-security-token-offer

What are Non-Fungible Tokens — NFTs?
Published: 02 April 2024
Last updated: 20 September 2026
Coverage type: Explainer
https://www.startuprad.io/post/what-are-non-fungible-tokens-nfts

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Canonical record: https://www.startuprad.io/entities/bitbond .