Alpha Bulgaria Warrants

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 under the ticker ALFB. Each token corresponds to a warrant that grants the holder the right to subscribe for new ALFB shares under the terms set out in the company's official warrant issue. The product is aimed at investors who want blockchain-based access to a regulated, exchange-listed European derivative security without going through traditional brokerage infrastructure.

The warrants are issued on an EVM-compatible blockchain, meaning the tokens exist and transfer on an Ethereum-style network. Factori AD, an EU-licensed investment intermediary based in Bulgaria, manages client onboarding, KYC and AML compliance, and licensed over-the-counter execution, so acquiring or redeeming the tokens involves a regulated intermediary rather than a permissionless protocol. The structure is designed to operate within the European regulatory framework, including MiCA and the DLT Pilot Regime, and there is no mining or staking consensus layer — the underlying settlement mechanism belongs to the host EVM blockchain rather than to ALFW itself.

The data stored for ALFW does not include a fee stream, revenue figures, or protocol earnings, so no fee-based measures are available on this site for this asset. The economic return for token holders, if any, would derive from the terms of the underlying warrants — specifically the exercise price and conditions described in the official prospectus — rather than from any on-chain protocol revenue. Costs associated with onboarding and OTC execution are handled by Factori AD, but no specific fee figures appear in the stored data.