New Baltic record set with €3.4M digital bond

Baltics largest-ever digital bond crowdfunding round closes 38% above target.

Axiology, the financial technology company specialising in distributed ledger technology (DLT) infrastructure for capital markets has registered a record-breaking digital bond, funded through the leading crowdfunding platform in Lithuania – Profitus. The UAB Gesons' bond was registered by Axiology and distributed through Profitus, closing at a final value of €3.4 million. It is secured by shares in companies owned by Lithuanian Shark Tank investor Gediminas Kvietkauskas.

With Axiology's DLT infrastructure supporting the new bond product, investors on the Profitus platform can now access bonds with a minimum investment of just €500, half the standard amount for market entry of €1,000 or more, lowering the barrier to capital markets for a broader range of investors.

Each bond is securely recorded on Axiology's distributed ledger, ensuring transparency, and full traceability of investment ownership. This allows Profitus to focus on investment selection and analysis, while Axiology handles the technological infrastructure.

By managing the registration and post trade processes, Axiology allows Profitus to focus on expanding its investment offering, while investors benefit from a streamlined experience whilst using PropTech solutions.

Marius Jurgilas, CEO of Axiology, added: "Europe's capital markets are entering a new chapter. Distributed ledger technology is dissolving the structural barriers that have kept fixed income the preserve of a narrow set of institutions, and reshaping who gets to participate in financing the real economy. This issuance is an early glimpse of that future: a Baltic-born record today, but a template for how bonds will be issued, distributed and held across the continent tomorrow."

Viktorija Čijunskytė, Founder and CEO of Profitus, commented: " After the pension reform, we are seeing a clear trend, people are increasingly interested in investing, looking for ways to manage their money and make decisions themselves. That is why it is important to us that investing be as simple and clear as possible. It is also important that investors have more options to choose from. We want investors not to have to navigate complex processes or use several different systems. This is a natural step for the growing and maturing investment culture in Lithuania."

This milestone marks a crucial stage for capital markets across the Baltic region. As investors, both institutional and retail, seek smarter and more accessible routes to fixed income exposure, the combination of digital bond infrastructure and regulated crowdfunding platforms legacy barriers for participation will be reduced.

The news follows the recently announced partnership between Axiology and Profitus, under which the two companies joined forces to bring digital bonds to the Profitus platform. UAB Gesons' inaugural tranche is the first transaction delivered under that collaboration, with further bond offerings expected to follow.

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