As an analyst with a decade of experience in the financial industry, I find this collaboration between Taurus SA and Aktionariat AG to be a transformative step towards democratizing investment opportunities for small and medium-sized enterprises (SMEs) in Switzerland.
Partnering together, Swiss crypto management company Taurus SA and Aktionariat AG aim to enhance the adoption of tokenized shares within Switzerland’s small and medium-sized enterprises (SMEs). Through integrating Taurus’ trading technology with Aktionariat’s equity tokenization platform, they hope to increase liquidity and expand market reach via the Taurus Digital Exchange (TDX).
The initial undertaking includes RealUnit Schweiz AG, a Swiss investment company, which tokenized its stocks using the Aktionariat platform back in April 2022. By November 2024, these tokens will be tradeable on TDX, signifying a significant advancement in digital stock trading for Swiss corporations.
Tokenization to Drive Liquidity
Small-to-medium enterprises (SMEs) in Switzerland now have the opportunity to convert their shares into digital tokens on the Ethereum blockchain, providing investors with a modern method for holding equity. These tokenized shares provide investors with options between bearer shares, which aren’t registered formally, and registered shares. The system preserves the legal and economic benefits of traditional shares while boosting liquidity, addressing a significant challenge faced by many SMEs.
Victor Busson, serving as Taurus’s Chief Marketing Officer, underscored that tokenized stocks hold the same financial and societal privileges as conventional stocks. Unlike digital currencies such as Bitcoin, if tokens are misplaced or lost, a company can reissue them based on shareholder records, thereby offering an additional measure of protection for investors handling tokens outside official exchanges.
As a crypto investor, I’m excited about Taurus’ plan to list shares tokenized by Aktionariat on their TDX marketplace. This move connects these shares with banks, retail clients, and professional investors, enabling around-the-clock trading. Traditionally, Small and Medium Enterprises (SMEs) often struggle with liquidity limitations in conventional markets. However, this linkage removes those restrictions, opening up new opportunities for seamless trading and investment.
The alliance between Taurus and Aktionariat is anticipated to serve as a model for other businesses. Murat Ögat, CEO of Aktionariat, emphasized the significance of a controlled, blockchain-driven marketplace for security tokens. He characterized Taurus’ digital marketplace as a crucial tool for bridging the gap in authorized platforms facilitating the trading of security tokens.
Swiss SMEs to Benefit from Blockchain-Driven Markets
In this partnership, RealUnit Switzerland AG takes the helm, as stated by CEO Dani Stüssi, who notes that teaming up with TDX supports their objective of simplifying real asset investment. By linking with the Taurus-Shareholder program, RealUnit enhances its liquidity and solidifies its position as a trailblazer in the field of tokenization technology.
Dani Stüssi, our CEO, stated that joining the trading platform TDX represents a logical progression in our mission to enhance investment opportunities and market fluidity for our shareholders.
By 2025, this initiative is projected to broaden significantly as an increasing number of Swiss small and medium-sized enterprises (SMEs) are anticipated to participate, thereby enlarging the community of tokenized firms on the Taurus platform. Already, Taurus has spearheaded Small Medium Enterprise (SME) loan tokenization by partnering with German fintech Teylor in December 2023, thus fostering continuous advancements in blockchain-powered finance.
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2024-09-26 13:51