Internset, the company that is changing how businesses train and acquire early talent remotely, has executed a five-year token lockup of 1.3 billion Stipent (STPN: Polygon) using Bitbond GmbH’s blockchain infrastructure. Bitbond, known for providing the smart contract technology behind ABN AMRO’s first digital bond issuance on a public blockchain, specializes in secure and efficient tokenization solutions that enable seamless deployment of digital assets within decentralized financial ecosystems.
The lock-up is automated through a smart contract, restricting access to 1.3 billion STPN until December 31, 2029. This mechanism reinforces Internset DAO’s treasury governance, ensuring that token reserves remain inaccessible until the defined unlock date, thereby preventing premature circulation and maintaining structured supply management.
Dr. Burzin Bharucha, Chief Compliance Officer at Internset, stated, “Bitbond’s institutional blockchain infrastructure provides a secure and efficient way to execute smart contract-based token lockups. This framework ensures that Internset DAO’s treasury assets remain securely locked until their release, reinforcing transparency and governance alignment."
Nipun Mudaliar, Chief of Stipent Treasury and Legal Affairs, added, “Ensuring a structured and auditable reserve mechanism is essential for the long-term sustainability of Internset DAO. The smart contract lockup mechanism, facilitated through Bitbond’s blockchain infrastructure, reinforces fiscal responsibility by preventing premature circulation and aligning token reserves with the DAO’s governance framework"
The locked assets remain under a pre-programmed, immutable smart contract, ensuring that Internset DAO maintains a predictable supply structure aligned with long-term ecosystem growth and decentralized governance principles.
Radoslav Albrecht, Founder & CEO at Bitbond GmbH, highlighted the importance of secure asset management, stating, “With our enterprise grade solutions, Internset DAO ensures its treasury remains protected under a structured governance model. Bitbond’s smart contract framework enables secure, transparent, and automated token lockups on public blockchain networks, allowing DAOs to manage their reserves with institutional-grade reliability.”
About Bitbond
Founded in 2013, Bitbond GmbH specializes in tokenization, digital asset management, and blockchain-based financial infrastructure. As the first German company to receive BaFin regulatory approval for digital securities, Bitbond provides compliant solutions and institutional-grade security for tokenized assets. The company played a key role in enabling Bankhaus von der Heydt (BVDH), one of Europe’s oldest banks, to issue the first Euro (EUR) stablecoin (EURB) directly as a banking institution on the Stellar network.
About company
Internset's mission is to bridge the industry-academia gap. We exist to democratize access to internship opportunities and to provide enterprises with access to early talent so anyone can grow their business, brand, or dreams. With Internset's Talent Pools, companies can easily train and build their future workforce from a pool of skilled candidates from over 160 countries across more than 800 skills, ranging from programming to finance, digital marketing to content creation, and video animation to business operations.
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