From Fans to Funders: How Rapid Wien Raised EUR 5M Through Tokenization

To achieve this, Rapid partnered with CONDA, a leading crowd investing platform, and NYALA, a specialist in real world assets (RWA) tokenization. Together, they launched the Rapid InvesTOR digital bond, a fully digital fundraising campaign designed to empower fans to invest directly in their club’s future.

• CONDA: Austria’s leading crowd investing platform helped mobilize their investor base and onboarded investors from the DACH countries.
• NYALA: We provided the digital securities infrastructure that included regulatory complaint tokenization of the bond, registration in our crypto registrar, investor onboarding and regulated custody of the tokens.

All in all, the solution brought:

• Community Engagement at Scale: CONDA activated its established investor community, giving the campaign immediate visibility and credibility among retail investors, while opening participation to Rapid’s 700,000+ supporters.
• End-to-End Tokenization Infrastructure: NYALA provided the core technology enabling issuance, registration, customer onboarding, and settlement of the digital bond on a single platform.
• Compliance & Trust Built In: Leveraging NYALA’s infrastructure aligned with Germany’s eWpG regulation, the process guaranteed a secure, regulated, and transparent digital issuance.

This combination ensured that SK Rapid Wien met its funding goals without technical or regulatory barriers.