‍Tokenize.it revolutionizes crowd investing: Bitwala is the first customer with BWALA security token
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Mittweida, July 05, 2024 — Tokenize.it GmbH announces the first security token offering via crowd investing. Bitwala is the first company to process its crowd financing via the Tokenize.it platform. Bitwala is launching crowdinvesting for its BWALA tokens to further drive Bitcoin adoption in Europe.

‍“We are pleased to finally be able to start the first crowdinvesting with GmbH tokens.” With Bitwala, we have a customer who immediately understood the added value of tokenization, as well as the future potential associated with tokenized investments.” says Christoph Jentzsch, founder and CEO of Tokenize.it and adds: “Bitcoin OGS also meet Ethereum OG here, and our applications complement each other perfectly. Two worlds come together.”

Bitwala is using the issuance of profit participation rights, represented by BWALA tokens, as a new form of startup financing. Each token represents a share in Bitwala GmbH's corporate profit, which is currently valued at 15 million euros. Token investors are economically equal to shareholders, including profit distributions and exit participation rights.

The BWALA tokens can be self-managed with a compatible wallet such as Metamask and soon also with the Bitwala app. Initially, a limited volume of up to 25,000 euros is available for individual investments. Bitwala CEO and co-founder Dennis Daiber comments: “Our low-cost mobile app appeals to an increasingly interesting target group of Bitcoin users who manage their daily crypto finances in Bitcoin across Europe.”

‍Platform benefits and legal improvements

Tokenize.it enables companies to optimize their financing processes by offering GmbH tokens worth up to 8 million euros to both professional and retail investors. The standardized set of agreements is specifically tailored to German limited liability companies and retail investors and eliminates the need for notarization, which makes fundraising and direct investments seamless and efficient.

‍Simplicity and transparency for investors

The Tokenize.it user interface makes it easy to set up crowdinvesting campaigns and allows companies to generate publicly shareable links for distribution across various digital channels. GmbH tokens offer improved transferability, increased liquidity and increased transparency through the integration of smart contracts. Investors benefit from simplified processes, automated payments and direct participation in the startup's success.

‍A milestone for crowdinvesting in Germany

Tokenize.it crowdinvesting marks a significant milestone in the development of fundraising based on security tokens in Germany. Companies can therefore use the benefits of tokens to integrate their community, scale efficiently and promote their growth momentum.

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‍About Tokenize.it:

Tokenize.it is a platform for token-based investments by German-based startups founded in Mittweida in 2022 by Christoph Jentzsch. The platform offers a legal structure specifically optimized for limited liability companies with tailor-made contract templates. Tokenize.it revolutionizes access to investments and enables retail and professional investors to participate in the success of startups. Tokenize.it was recently awarded the “Best Regulatory Innovation in Blockchain” Award 2024 at Paris Blockchain Week.

‍Tokenize.IT GmbH is a contractually bound agent within the meaning of Section 3 Paragraph 2 WPIG and acts in the investment brokerage in accordance with Section 2 Paragraph 2 No. 3 WPIG exclusively for and under the liability of Concedus GmbH, Eckental.

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contact:

Tokenize.it GmbH
email: hi@tokenize.it
Site: www.tokenize.it/crowdinvesting

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About Bitwala:

The ultimate Bitcoin app, secure and easy to use, made in Germany. Bitwala enables fast and easy transactions and payments with Bitcoin. Simplicity is paramount for us. Everything Bitcoiners need in one app.

Warning: Investing in this financial instrument involves significant risks and may result in the complete loss of the invested assets.

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contact:

Bitwala GmbH
email: media@bitwala.com
Site: www.bitwala.com/token‍