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Tokenize.it and Bitwala Partnership: Transforming Startup Financing
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Tokenize.it and Bitwala Partnership: Transforming Startup Financing

Jul 10, 2024

Tokenize.it GmbH, a leading presence in the blockchain industry, has announced the groundbreaking launch of the first-ever Security Token Offering through crowdfunding, revolutionizing financial strategies for startups. Bitwala, a key player embracing this innovative approach, has initiated its crowdfunding campaign for BWALA tokens on Tokenize.it's platform, with the goal of advancing Bitcoin adoption in Europe.

Innovating Investment with BWALA Tokens

In a strategic collaboration, Bitwala is using the issuance of profit-sharing rights in the form of BWALA tokens as an inventive method of startup funding. Each token represents a share in Bitwala GmbH's profits, currently valued at 15 million Euros. Token investors enjoy economic privileges akin to shareholders, such as profit distributions and exit participation rights, delivered through blockchain technology.

Platform Advantages and Legal Enhancements

Tokenize.it simplifies fundraising by providing GmbH tokens worth up to 8 million Euros to both professional and retail investors. This is facilitated by a standardized contract framework tailored for German limited liability companies (GmbHs), eliminating the need for notarial certification and streamlining the investment process.

These tokens democratize investment opportunities, enhance liquidity, and promote transparency through smart contract integration. This fosters seamless share transferability and automates financial transactions, fostering a direct connection between investors and startup success.

Investor-Friendly Features

Tokenize.it's user-friendly interface eases the setup of crowdfunding initiatives, allowing companies to create shareable links for distribution across digital platforms. This feature broadens access to investment prospects, diversifies the investor pool, and cultivates a more inclusive financial environment.

Tokenize.it's innovative strategy represents a significant advancement in security token-based fundraising in Germany. By leveraging tokens, companies can engage with their communities effectively, scale efficiently, and expedite their growth trajectory.

About Tokenize.it:

Established in 2022 by Christoph Jentzsch in Mittweida, Tokenize.it serves as a platform for token-based investments in German startups, offering an optimized legal structure for GmbHs with bespoke contract templates. Recently, Tokenize.it was recognized with the prestigious “Best Regulatory Innovation in Blockchain” Award at the 2024 Paris Blockchain Week, underscoring its role in driving regulatory progress in the blockchain industry.

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