{"id":"alpha-bulgaria-warrants","title":"Alpha Bulgaria Warrants","content":"**Alpha Bulgaria Warrants (ALFW)** is a tokenized representation of warrants issued by Alpha Bulgaria AD, a publicly traded investment holding company listed on the Bulgarian Stock Exchange. The token provides on-chain exposure to regulated European warrant securities, with the underlying instruments held through traditional custody and securities infrastructure while [blockchain](https://iq.wiki/wiki/blockchain) technology is used for [tokenization](https://iq.wiki/wiki/tokenization) and settlement.  [\\[1\\]](#cite-id-Z7CFj2nTX0Fw1lLv) \n\n## Overview\n\nAlpha Bulgaria Warrants (ALFW) is a tokenized representation of warrants issued by Alpha Bulgaria AD, a publicly traded investment holding company listed on the Bulgarian Stock Exchange. Each warrant provides the right to subscribe for newly issued Alpha Bulgaria shares under the terms of the company's warrant program, with the underlying securities remaining registered and held through conventional European securities infrastructure. The [tokenization](https://iq.wiki/wiki/tokenization) was carried out through a partnership between [REAL Finance](https://iq.wiki/wiki/real-finance) and Factori AD, an EU-licensed investment intermediary that manages regulated functions including client onboarding, [KYC](https://iq.wiki/wiki/know-your-customer-kyc)/[AML](https://iq.wiki/wiki/anti-money-laundering-aml) compliance, trade execution, and custody, while [REAL](https://iq.wiki/wiki/real-finance) provides the [blockchain](https://iq.wiki/wiki/blockchain)-based [tokenization](https://iq.wiki/wiki/tokenization) and settlement infrastructure.\n\nThe project represents a pilot for tokenizing regulated European securities rather than creating synthetic [blockchain](https://iq.wiki/wiki/blockchain)-based assets. The underlying warrants remain held in regulated custody through the Bulgarian Central Depository and international custodians, with the [blockchain](https://iq.wiki/wiki/blockchain) token serving as an on-chain representation of those existing securities. The initiative operates within the European regulatory framework, including MiCA and the EU DLT Pilot Regime, and is intended to demonstrate how exchange-listed financial instruments can be linked to [blockchain](https://iq.wiki/wiki/blockchain) settlement while maintaining traditional custody, ownership registration, and regulatory oversight. At launch, the project remained in a controlled pilot phase, with secondary trading and other lifecycle operations to be validated before broader deployment. [\\[2\\]](#cite-id-uoGj9hgv61lqXDch)  [\\[3\\]](#cite-id-ooFzuqDCR6Mpd7L4) ","summary":"Alpha Bulgaria Warrants (ALFW) represents tokenized warrants of Alpha Bulgaria AD, offering blockchain-based exposure to regulated European securities. The project is a pilot for tokenizing traditional custody assets within the EU regulatory framework.","images":[{"id":"QmeH6e42XV5JU8ZvhtVhK4jLwdvs8t8CuCaFt1raJ8i4mp","type":"image/jpeg, image/png"}],"categories":[{"id":"cryptoassets","title":"cryptoassets"}],"tags":[{"id":"Token"},{"id":"RWA"},{"id":"Ethereum"}],"media":[],"metadata":[{"id":"references","value":"[\n  {\n    \"id\": \"Z7CFj2nTX0Fw1lLv\",\n    \"url\": \"https://alpha-bulgaria.com\",\n    \"description\": \"Alpha Bulgaria Website\",\n    \"timestamp\": 1785244129983\n  },\n  {\n    \"id\": \"uoGj9hgv61lqXDch\",\n    \"url\": \"https://mexc.fm/price/alpha-bulgaria-warrants/info\",\n    \"description\": \"MEXC\",\n    \"timestamp\": 1785244129983\n  },\n  {\n    \"id\": \"ooFzuqDCR6Mpd7L4\",\n    \"url\": \"https://x.com/RealFinOfficial/status/2080316959648809142\",\n    \"description\": \"Real Finance on Twitter\",\n    \"timestamp\": 1785244129983\n  },\n  {\n    \"id\": \"S47aehjesWyVb5Oo\",\n    \"url\": \"https://binance.com/en/square/post/348149654694785\",\n    \"description\": \"Binance Post\",\n    \"timestamp\": 1785244129983\n  },\n  {\n    \"id\": \"GlwUkhsoYICURYQ2\",\n    \"url\": \"https://x.com/CryptoDiffer/status/2080589426879500571\",\n    \"description\": \"CryptoDiffer on Twitter\",\n    \"timestamp\": 1785244129983\n  },\n  {\n    \"id\": \"qzl8tBgorKONETAe\",\n    \"url\": \"https://coingecko.com/en/coins/alpha-bulgaria-warrants\",\n    \"description\": \"CoinGecko\",\n    \"timestamp\": 1785244129983\n  }\n]"},{"id":"website","value":"https://www.alpha-bulgaria.com/"},{"id":"twitter_profile","value":"https://x.com/RealFinOfficial"},{"id":"references","value":"https://www.mexc.fm/price/alpha-bulgaria-warrants/info"},{"id":"arkham","value":"https://intel.arkm.com/explorer/token/alpha-bulgaria-warrants"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/alpha-bulgaria-warrants"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmbbmKkKFBP6HpAFLBKJn391yiQZHb7NW5tRsSYysCpQ9J\""},{"id":"commit-message","value":"\"Added 12 hyperlinks to the content\""},{"id":"previous_cid","value":"QmbbmKkKFBP6HpAFLBKJn391yiQZHb7NW5tRsSYysCpQ9J"}],"events":[{"id":"c9badce4-b80a-47de-b963-edd201c9b260","date":"2026-07-28","title":"Alpha Bulgaria Warrants Founded","type":"CREATED","description":"Alpha Bulgaria Warrants was founded and officially launched."}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"operator":{"id":"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2"},"language":"en","version":1,"linkedWikis":{"blockchains":["ethereum"],"founders":[],"speakers":[]},"recentActivity":"{\"items\":[{\"id\":\"4c3ad305-ca14-4b5c-9fd5-950e6dfde6ce\",\"title\":\"Alpha Bulgaria Warrants\",\"description\":\"Alpha Bulgaria Warrants (ALFW) represents tokenized warrants of Alpha Bulgaria AD, offering blockchain-based exposure to regulated European securities. 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