Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
SMEs in Switzerland to Tokenize Their Shares

SMEs in Switzerland to Tokenize Their Shares

CoinspaidmediaCoinspaidmedia2024/09/27 02:54
By:Coinspaidmedia

SMEs in Switzerland gained access to investment and increased liquidity by tokenizing their shares on the Ethereum network and then listing digital assets on a local crypto exchange.

Aktionariat AG, Switzerland’s leading tokenization platform, announced a partnership with Taurus SA, a local provider of enterprise-grade infrastructure solutions for issuing, storing, and trading digital assets. Under the partnership, small- and medium-sized enterprises (SME) in Switzerland will be able to access additional funding by tokenizing their shares.

Aktionariat AG will tokenize shares on the Ethereum blockchain, while Taurus SA will provide digital asset management services. The initiative aims to increase liquidity of Swiss SMEs and facilitate access to capital.

Aktionariat AG was founded in 2020. Since its inception, the company tokenized assets of more than 70 Swiss companies, serving over 30,000 users and providing a full range of tools for tokenization, digital asset management, and basic stock trading.

Taurus SA was launched in 2018 to serve a wide range of financial institutions, including system, universal, online, crypto, and private banks and broker-dealers. Taurus is licensed by the Swiss Financial Market Supervisory Authority (FINMA).

The partnership will also give existing Aktionariat clients the opportunity to list their assets on the Taurus Digital Exchange (TDX), giving them access to a wide network of banks, professional investors, and private clients. The first client under the initiative will be RealUnit, a cryptocurrency investment company that tokenized its shares with Aktionariat in April 2022. After the launch in November 2024, RealUnit investors will be able to access tokenized shares.

Recently, shares of major TradFi companies were tokenized on the Polygon network and became available for trading in the EU.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!