Investerra launches Switzerland's first tradable digital green bond
What's the deal? InvesterraDealroom has a profile for this one. Try Dealroom →, a Swiss renewable energy financing firm, is issuing the country's first tradable digital green bond. The "Digital Green Bond 31" has a volume of CHF 4–10M (roughly $5–11M), a five-year term, and a 2.75% annual coupon. It is being issued in partnership with ISP Bank in Zürich.
The St. Gallen-based company plans to apply for the bond to be listed on BX Digital — Switzerland's first FINMA-approved trading venue for digital assets. Alongside the digital bond, Investerra is placing a traditional "Green Bond 29" aimed at institutional investors, with a volume of CHF 5–20M, a three-year term, and a 2.25% coupon.
Proceeds from both issuances will fund Swiss renewable energy infrastructure projects, including solar panels, heat pumps, energy storage, biogas systems, and district heating networks.
Why now? BX Digital is currently working to operationalise its FINMA-licensed infrastructure for trading and settling digital assets, creating a regulated secondary market. Investerra is positioning itself to be first through that door.
Demand for green bonds continues to grow as investors seek sustainable fixed-income products. At the same time, Switzerland is pushing to modernise its capital markets through blockchain-based financial instruments — a trend accelerated by the country's 2021 DLT Act.
What could go wrong? BX Digital's secondary market is not yet live. If its launch is delayed, the bond's tradability — a key selling point — could remain theoretical for some time. Digital bond markets also face liquidity risk: even with a regulated venue, thin trading volumes could make it hard for holders to exit positions at fair prices.
The bond is also relatively small. A CHF 4–10M issuance may struggle to attract broad institutional attention, though it could serve as a proof of concept for larger deals.
The signal: Investerra sits at the early growth stage as a subsidiary of regional utility SAK, giving it a built-in pipeline of renewable energy projects rather than the speculative deal flow typical of standalone green-bond issuers. The modest CHF 4–10M size underscores that this is a proof-of-concept play: if BX Digital's secondary market comes online smoothly and the bond attracts sufficient trading activity, it could open the door for larger Swiss utilities and infrastructure firms to tap tokenised debt markets at scale.
Read more: moneycab.com
