The Bitwala STO is a German Security Token Offering issued by Bitwala GmbH that will be fully compliant with the EU prospectus regulation, pending BaFin approval.
Founded in 2015, Bitwala GmbH is well experienced and established in the blockchain landscape. Bitwala successfully launched the (world’s first) real blockchain banking experience in December of 2018. The unique Bitwala online bank accounts enable its users to easily access the crypto economy by trading bitcoin directly from their account. Bitwala reached a total trading volume of above €1,5 Million for the first three months of operation and proved the high traction for an easy and intuitive fiat gateway.
Bitwala believes the future of finance is tokenised and intends intends to dominate a sizable share of the future market by removing friction and becoming the gateway to tokenised assets for the masses. Besides expanding into more countries, accessing new markets, we will enable new use cases such as crypto lending and investment plans, effectively merging banking, saving and trading as one.
The BitwalaToken are directly linked to Bitwala’s market value. Token holders receive 15% preferential participation rights in dividends and future exit proceeds as well as provide down round anti-dilution protection.