BWALA tokens are tokenised profit participation rights ("Eigenkapitalähnliche Genussrechte") emitted by Bitwala GmbH. We have partnered with Tokenize.it, the pioneering German platform that enables compliant security token offerings in Germany.
Each BWALA token economically equals a traditional share in Bitwala GmbH. From a regulatory perspective, these types of tokenised profit participation rights have been classified as securities ("Wertpapiere") that can be offered publicly in Germany using a brokerage ("Anlagevermittlung") license in compliance with applicable law.