Taurus Partners with Aktionariat for Tokenization of Equity Shares
Crypto News

Taurus Partners with Aktionariat for Tokenization of Equity Shares

1m
Created 1mo ago, last updated 1mo ago

Swiss blockchain firms Taurus SA and Aktionariat AG have announced a new partnership aimed at enhancing the tokenization of equity shares.

Taurus Partners with Aktionariat for Tokenization of Equity Shares

Swiss blockchain firms Taurus SA and Aktionariat AG have announced a new partnership aimed at enhancing the tokenization of equity shares.

Under this agreement, Taurus will provide digital asset services for selected Ethereum-based tokenized shares issued by Aktionariat, while Aktionariat will facilitate a pathway for client companies to list their shares on the Taurus Digital eXchange (TDX).

The collaboration is expected to launch in November. The initiative aims to increase liquidity for small and medium-sized enterprises (SMEs) by leveraging Taurus' institutional-grade trading technology and Aktionariat's expertise in tokenizing Swiss companies’ equity.

This partnership is positioned to connect these enterprises with a wider network of banks, professional investors, and retail clients.

Security tokens, which represent fractions of real-world assets, including equity, real estate, and bonds, will be a key focus of this collaboration. These tokens allow owners to hold stakes in the underlying assets, although legal uncertainties regarding their status remain.

RealUnit, a crypto-focused investment firm, is among the first to utilize the new platform, having tokenized its shares with Aktionariat in April 2022 on the Ethereum blockchain.

Investors will have the option to choose between traditional bearer shares and tokenized shares, marking a notable development in Switzerland's financial landscape.

Taurus aims to digitize private markets, making private equity investments more accessible. The firm envisions that purchasing a private security could eventually become as straightforward as buying a book online, regardless of the asset type.

This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice. The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap.
1 person liked this article