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