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Swiss Firms Team Up to Boost Tokenized Shares on Taurus Exchange

26.09.2024 16:00 1min. read Kosta Gushterov
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Swiss Firms Team Up to Boost Tokenized Shares on Taurus Exchange

The Swiss company announced a partnership with digital asset infrastructure provider Taurus SA.

Under this collaboration, Taurus will offer services for Ethereum-based tokenized shares issued by Aktionariat, and Aktionariat will provide its client companies with the ability to list on the Taurus Digital eXchange (TDX). The initiative is expected to launch in November.

The partnership combines Aktionariat’s expertise in tokenising shares for Swiss companies with Taurus’ institutional-level trading technology.

The aim is to increase liquidity and unlock value for small and medium-sized enterprises and their shareholders by providing access to TDX’s network of banks, professional investors and retail clients.

In this context, a tokenized security represents a piece of real assets, such as stocks, real estate or bonds. These tokens offer investors a stake in the underlying asset and the ability to claim profits. However, there are still legal uncertainties surrounding the use of such tokens.

One of the first companies to benefit from this partnership is RealUnit, a crypto-focused investment company that tokenized its shares with Ethereum’s Aktionariat in April 2022. Investors will be able to choose between classic bearer shares and tokenised shares, a first for Switzerland.

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