LynxCap Lists First Non-Bank and Non-Sovereign Digital Bond on Luxembourg Stock Exchange
LynxCap Investments AG has become the first private, non-bank issuer to list a tokenized bond directly on the Luxembourg Stock Exchange’s Securities Official List.
LynxCap Investments AG
Press Release
ZUG, SWITZERLAND / LUXEMBOURG – LynxCap Investments AG, a Swiss-based real estate secured debt asset manager, has become the first private, non-bank issuer to list a tokenized bond directly on the Luxembourg Stock Exchange’s Securities Official List (LuxSE SOL), through its Luxembourg subsidiary, LCL Opportunities 3 S.à r.l.
The Digital Bond was issued natively on the Ethereum Virtual Machine (EVM) blockchain. It carries a 10.5% annual coupon, paid quarterly, and is backed by a diversified portfolio of European real estate secured debt and real estate assets.
A Historic First for Private Issuers
Since LuxSE opened its Securities Official List to security tokens in January 2022, every instrument admitted has come from a major global financial institution or supranational development body – including Societe Generale, Citigroup, the World Bank, the Asian Infrastructure Investment Bank, and the Inter-American Development Bank. [1] LCL Opportunities 3 is the first instance of a private, non-bank institution completing LuxSE SOL’s admission process and listing a tokenised security directly.
Bond Programme Details
Issuer: LCL Opportunities 3 S.à r.l. (Luxembourg law) | ISIN: LU3396978176 | Coupon: 10.5% per annum, paid quarterly | Issue Price: par | Tenor: 4 years with put/call option after 2 years | Issue size: €45 million | Rank: Sr. Secured | Minimum investment: €100,000 | Currencies: USD, EUR, USDC, EURC
Security Structure
“Creating the economic link in the strongest security form between RWA and the global crypto ecosystem is a good example of how best practice developed throughout the years can increase qualitative product offerings on chain “
— Peter Kadish, Managing Director, Transactions, LynxCap Investments AG
About LynxCap Investments AG
LynxCap Investments AG is a Swiss-based investment company specializing in the analysis, acquisition, and management of real estate secured debt and real estate assets across Europe
LynxCap invests in non-performing and re-performing real estate loans and REO assets acquired from European banks at material discounts to collateral value. Portfolios are actively resolved through legal workouts and asset sales, generating predictable cash collections supported by conservative leverage and asset-level control.
The team has more than 19 years of focused experience in the field. Total LynxCap AUM stood at €538 million at the end of 2025 in collateral value.
Headquarters: Lüssihofweg 4, 6300 Zug, Switzerland
Registration: CHE-244.186.164
Website: lynxcapinvestments.com
Contact: info@lynxcapinvestments.com | +41-41-71 000 75
[1] Luxembourg Stock Exchange. “Security tokens admitted on LuxSE SOL.”
Learn more about LynxCap security tokens and investor information