BMW

What is tokenized BMW?

A token that tracks the price of Bayerische Motoren Werke Aktiengesellschaft shares. You don't own the shares themselves: the issuer owes you their value on its own terms.

Tokenized Bayerische Motoren Werke Aktiengesellschaft (BMW) provides onchain exposure to the underlying listed security. The issued asset token is a claim against S01 Issuer GmbH on the terms set out in its base prospectus; holders are unsecured contractual creditors of the Issuer. On The River it trades as wtBMW.DE, a vault wrapper whose exchange rate to the issued token can change over time.

BMW token questions

Can I trade BMW outside Xetra hours?

Yes, when someone is offering a trade. The orderbook has prices during Xetra hours; outside them trades go through onchain pools, and the site tells you when nobody is offering one. Limit orders and strategies wait onchain as your own orders, can fill when the market comes back if the price reaches them, and you can cancel them any time.

What does it cost to trade BMW here?

A trade compares the orderbook and onchain pools and takes the cheaper, fee included. The River charges 0.10% on orderbook fills on Base and on trades routed through KyberSwap, shown before you sign, plus network gas. Trades routed through LI.FI, orderbook fills on Robinhood Chain, and your own limit orders and strategies have no River fee.

Who can hold BMW tokens?

S01 Issuer GmbH's prospectus sets who may hold wtBMW.DE, and the ticket shows those terms before you buy. The River never takes custody: tokens stay in your wallet or in orders you control.