Frequently asked questions

NYALA offers flexible pricing tailored to your needs, which may include issuance fees and transaction costs depending on the service package you select. We provide transparent, all-inclusive pricing with no hidden charges. For a detailed quote based on your business size and tokenization goals, please contact our team or schedule an introductory call.

Tokenization makes assets more liquid and transferrable between investors. NYALA’s unique approach to increasing asset liquidity is the Co-Listing Network: a digital distribution platform that connects issuers of electronic and tokenized securities with a growing network of investment and crowdfunding platforms. Instead of listing on just one site, issuers can reach multiple platforms and tap into a combined investor base of over 270,000. This wider investor base means that each asset can generate more funding. The process is simple: issuers submit and manage co-listing requests through our secure portal, distributors review opportunities and accept those that fit their audience, and investments are completed with full regulatory compliance.

NYALA supports a broad range of asset for tokenization, including real-world assets (RWAs) and regulated securities like bonds,equities, funds, real estate, debt instruments, and structured products. We can also accommodate alternative assets. If you have a specific asset in mind, reach out to discuss your project with our experts.

Yes, NYALA is built for integration. Our REST API allows seamless connectivity with your client interface and your back-end systems. Detailed technical documentation and support are provided at each step of the way, making integration with your infrastructure straightforward and efficient.

A blockchain is a decentralized database that records transactions on a network of computers. In contrast to traditional databases, where a central authority controls the data, the blockchain works via a distributed and trust-free network, which increases transparency, security and data integrity. Once a data set has been added to the blockchain, it is very difficult to change it. To ensure that all copies of the database are the same, the network performs continuous checks. Blockchains have been used as the basis for cryptocurrencies such as Bitcoin, but there are many other uses, such as tokenizing illiquid assets.

Smart contracts are automated contracts that are stored on the blockchain and are triggered as soon as certain criteria are met. They work on the principle of “if... then...”. A smart contract could be used in the event that a token is automatically transferred from wallet “A” to wallet “B” as soon as the criteria “C” (e.g. receipt of money) and “D” (approval by the issuer) are met.

Smart contracts are often used when tokenizing assets to automate the entire process, reduce the role of intermediaries and associated costs, and eliminate the need to invest additional effort in regulating and managing the entire process, improving overall efficiency.

The immutability of blockchain is a cornerstone of its concept. It ensures that data once recorded on the blockchain can virtually no longer be changed or deleted. This attribute is achieved through cryptographic hashing, in which each data block contains a unique fingerprint (hash) of the previous block. Any attempt to change a single block would require recalculating the hash for that block and all subsequent blocks, which would require the consent of the majority of the network. This consensus mechanism, combined with the decentralized nature of blockchain, makes unauthorized changes extremely difficult.

Blockchain technology is generally considered to be very secure due to its decentralized and transparent nature. Its basic mechanism, which records every transaction in a block and links it to both previous and subsequent transactions, creates an immutable ledger. In addition, the consensus protocols used in many blockchains make it very difficult for an individual user to change past transactions, which further increases security.

The transparency of blockchain results from its public and decentralized nature. All participants in a blockchain network have access to the same information, so transactions and data are visible to all authorized parties. This openness creates trust among those involved, as they can independently review and control records without having to rely on intermediaries or third parties.

Tokenization is the process of recording claims in the form of a digital representation on a blockchain. This may include claims on tangible assets such as art and real estate, but also on financial instruments such as bonds. These tokens represent ownership of the underlying asset and can be bought, sold, and traded digitally.

A digital asset refers to any form of digital representation of a value that can be owned or controlled by a person. It covers a wide range of items, including cryptocurrencies, digital art, digital collectibles, digital financial instruments, intellectual property, and more. These assets are usually stored and transacted on the blockchain, which ensures their security, immutability, and verifiability. Digital assets have grown significantly in popularity and value in recent years, offering new opportunities for investment, ownership, and decentralized applications.

In the context of blockchain and cryptocurrency, a token means a unit of value or a digital asset that is created and managed on a blockchain platform. Tokens can represent various types of assets, rights, or functionalities within a specific ecosystem. Technically speaking, “token” is just another word for digital assets.

In the financial sector, tokenization has gained significant traction as it offers several benefits, such as:

- Fractional ownership: Tokenization allows assets to be divided into smaller units and thus the acquisition of fractions. This opens up investment opportunities for a larger group of people who may not have the means to purchase entire assets.

- Increased liquidity: Tokenization makes it easier to create secondary markets for traditionally illiquid assets. Digitizing assets and presenting them as tokens makes it easier to buy, sell, and trade them on digital exchanges, which can free up liquidity and reduce transaction costs.

- Streamlined processes: Tokenization automates various aspects of traditional financial processes, such as issuance, compliance, and settlement. Smart contracts can be programmed to automatically perform certain actions, such as interest payments, reducing the need for intermediaries and increasing operational efficiency.

They are digital representations of financial securities that are stored on a blockchain. In Germany, they fall under the Electronic Securities Act (eWpG) and are subject to special requirements with regard to their registration and custody. They have the same protection and tradability as securities in paper form.

The eWPG made it possible to issue bearer bonds, Pfandbriefe and certain fund shares in purely electronic form.

In Germany, the Electronic Securities Act (eWpG) provides that the task of managing the crypto securities register is supervised by BaFin. For this purpose, the legislator has defined the registration of crypto securities as a financial service within the meaning of the KWG.

NYALA's subsidiary, Smart Registry GmbH, has received preliminary approval as a crypto securities registrar, meaning that all crypto securities issued via the NYALA Digital Asset Platform are fully regulated and successfully registered with BaFin.

All of our tokenized securities are fully compatible with the traditional financial ecosystem. After tokenization, the securities are documented in the WM Securities Register, the publicly accessible register of all issuers covered by WM Datenservice. The WM Securities Register currently contains more than one million financial instruments, which are issued both traditionally on paper and digitally, and there is no end in sight. The World Cup securities register thus covers almost all of Europe and comprises the most common financial instruments worldwide.

WM Datenservice also issues and manages the International Securities Identification Number (ISIN) for unique identification of German financial instruments worldwide.

Yes, crypto securities can be traded on secondary markets. The European DLT pilot regime offered some industry players the opportunity to apply for a license to operate a multilateral trading system based on DLT to trade tokenized financial instruments.

NYALA is building the first regulated cross-platform for trading tokenized bonds, structured products and — soon — stocks. This ecosystem will enable issuers, crowdfunding platforms and other relevant players to expand their product offerings and provide investors with a path to liquidity and marketability of their investments.

If you'd like to find out more, visit our dedicated page.

With the NYALA Digital Asset Platform, you can easily tokenize your assets. Issue a regulated security token, NFT, or other type of asset in simple steps and distribute it to desired recipients. Schedule a quick call with one of our experts and we'll introduce you to the world of digital assets.

NYALA's advanced custody solution ensures the highest level of security for your digital securities. With cutting-edge features such as multi-signature, our platform uses bank-grade security measures to protect your tokenized assets and sensitive information.

Our platform is aimed at companies of all sizes and enables them to take advantage of the benefits of tokenizing digital assets. Whether you're a crowdfunding company with multiple investment projects, a real estate company looking for liquidity, or a global bank looking to expand its product offering, NYALA simplifies the issuance process with just a few clicks.

By connecting with our API, you can easily integrate our tokenization engine with your platform's interface to ensure a seamless investor experience. Alternatively, you can use our web portal to start creating tokens even faster.

We require basic and standard onboarding documentation, including a LEI and a regulatory compliance questionnaire, as well a simple service agreement, depending on the solution selected. Our legal team will walk you through every step to ensure your onboarding process is smooth, clear, and compliant with all relevant regulations.

NYALA offers flexible contracts tailored to your project’s needs. While some service packages include minimum terms to optimize pricing and support, many clients onboard with no long-term commitment. Please consult with our sales team to explore the most suitable arrangement for your organization.

Our platform incorporates Know Your Customer (KYC) and Anti-Money Laundering (AML) checks as part of our easyRaise service package which provides secure, white-label flows or API-based solutions, ensuring both issuers and investors remain fully compliant with German and EU regulations. All processes are designed with privacy and security in mind. If you already have your own KYC/AML provider integrated, you can simply send us the data via API.

Yes. We are licensed under the German Electronic Securities Act (eWpG) to issue fully compliant tokenized securities across Europe and beyond. We provide you with all the necessary tools and features to meet the legal requirements in your jurisdiction.

You have flexibility in asset custody with NYALA. Clients can choose to manage digital securities by bringing their own wallets or by using NYALA’s institutional-grade custody solutions, implemented in partnership with leading third-party providers. We use multi-signature security and ISO 27001-certified protocols to ensure your assets are protected at all times.

NYALA is committed to business continuity and disaster recovery. All digital securities are recorded immutably on blockchain technology, ensuring you and the investors retain access even if our services are disrupted. We maintain documented contingency plans, regular backups, and partnerships with trusted and regulated crypto custodians to safeguard clients’ data and assets against any scenario.

Each new client of NYALA will receive a dedicated Client Success Manager who will guide them through the onboarding and also be their main point of contact for later questions and troubleshooting. We offer dedicated customer support via email and live chat during business hours. Our response times are governed by industry-leading SLAs to ensure your questions are addressed quickly. You’ll also have access to detailed documentation, onboarding guides, and a direct line to technical and regulatory specialists.

Yes, NYALA offers a sandbox environment where you can test our platform’s features, workflows, and API integrations before going live. This allows you to simulate issuance and transfer scenarios in a risk-free setting. Contact us to request access and receive tailored support during your evaluation phase.