Bitwala: The Only Bank
summary
Bitwala offers a world's first crypto bank account that issues a German IBAN/BIC and a Bitcoin wallet where users hold private keys; euros sit in a partner bank (Solaris) and are insured up to €100,000, bitcoin remains user-custodied. Launched December for EEA B2C customers, trading and spending happen without transfers or weekend delays. Roadmap includes B2B banking for blockchain firms, a one‑year, €4M plan to get a German banking license, and an STO converting 15–50% via a regulated convertible‑note token backed by DLCG, Earlybird and EU support.
AI-written summary · about
chapters (6)
- 0:00Bridging finance worlds
- 2:20The role of banks
- 4:44Benefits of institutionalism
- 7:07The Bitwala product
- 8:46Expansion and funding
- 10:31Security token offering
related talks
47mBanks & Bitcoin
02mAn interview with the tallest women in Cryptocurrency
32mBitcoin-backed Loans with Arkade and Blockrise
10mWho Needs a Crypto Bank Anyway?
33mBitcoin Founders in Europe
21mOn a Bitcoin Mission in Czech Republic
33mBitcoin, Not Crypto: The Startup Journey Few Dare to Take
13mTwo Strategies Bitget Adopted to Thrive in a Volatile Market