Invesdor Offered Tokenized Corporate Bonds to Over 3,000 Investors with NYALA

• Client: Invesdor
• Active in: Germany, Austria, Finland, Netherlands
• Industry: Crowdfunding (Debt & Equity financing)
• Asset Tokenized: Corporate Bonds
• Start Month of Partnership: May 2022
• Projects Tokenized: 15+
• Total Value of Tokens: €17M+
• Investor Wallets: 3,000+

Abstract

Invesdor, an European crowdfunding platform operating across Germany, Austria, the Netherlands and Finland, needed to decrease the costs associated with the issuance of securities listed on platform – in this case corporate bonds. Considering tokenization as a solution, they turned to NYALA. With NYALA's technology, Invesdor successfully enabled the issuance, distribution, and custody of tokenized bonds, following a fast setup process.

"We use NYALA technology to issue and store digital bonds. The setup was done in a few days, and the usability is fantastic!" - C. Grätz, CEO

Challenges Faced by the Client

Issuing traditional corporate bonds is an expensive and complex process. It involves submitting lengthy prospectuses to financial authorities and relying on centralized custodians that charge high fees. Invesdor identified that tokenization on the blockchain would be a great way to reduce their costs and increase transparency. They then sought a technology provider that could seamlessly integrate into their existing infrastructure while ensuring a smooth user experience and robust security. Additionally, they required a comprehensive suite of features to facilitate token issuance, regulatory compliance, and token management.

The NYALA solution

Invesdor integrated its user-facing platform with NYALA’s engine via API in less than 2 weeks, while requiring work from only one engineer. The tokenization engine seamlessly integrated into the Invesdor platform, enhancing the user interface and providing a smooth onboarding flow. Through NYALA's technology, Invesdor gained access to a wide range of features tailored to their specific requirements. These features include:

• Automated Wallet Opening Requests: NYALA automates the process of requesting and opening investor wallets, streamlining the onboarding experience and reducing manual efforts.
• KYC workflow: NYALA’s proprietary platform allows issuers and custodians to access a list of investors at any point of time, track their tokenized securities balance and audit trail transactions.
• Token Issuance and Distribution: NYALA takes care of issuing and distributing the tokens to investors, reducing Invesdor’s manual efforts and expediting the investment process.
• Turnkey Tokens Custody: NYALA’s integrated solution provided secure custody services for the tokenized securities.
• Token Burn Mechanism: NYALA implemented a token burn mechanism, automatically retiring tokens upon the expiry date of the associated loans.

Results

More than €17M worth of tokens issued.

Already, Invesdor has conducted more than 15 issuances to over 3,000 individual investors. These issuances represent a total value of over €17M.

The process of tokenization has also led to time-savings, as process is now entirely digital and automated, this dramatically reducing the amount of manual work required compared to a traditional issuance.

Why NYALA is the right partner for your issuances:

1. Proven Expertise: With extensive experience and a deep understanding of the digital asset landscape, our team brings a wealth of knowledge and technical expertise to guide you through the tokenization journey.
2. All-In-One Platform: Our robust, user-friendly platform provides end-to-end solutions for token issuance, registry management, and custody services. You can seamlessly tokenize bonds, onboard investors, and manage the entire lifecycle of tokenized assets from a single, integrated platform.
3. Regulatory Compliance: We ensure that our platform adheres to relevant regulations and standards, providing you with the necessary tools and features to comply with legal requirements in your jurisdiction.

NYALA is your gateway to digital assets. Are you ready to start tokenizing? Contact us today to start tokenizing your assets in just days and start saving costs!

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