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Switzerland, here’s how to tokenize shares

The CMTA, Swiss Capital Market and Technology Association, has published guidelines for tokenization of shares on the blockchain, all in compliance and obedience to Swiss laws that now allow this process.

The apparently simple process was also analysed and studied on the basis of the legal opinions of Professor Hans Caspar von der Crone of the University of Zurich.

This is an important step towards the possibility of trading digitized assets, in a country that for several years now has focused heavily on DLT, becoming one of the world centres in the field thanks to ICOs.

These guidelines are aimed at shares of ordinary companies already issued and listed, thus allowing mainstream finance to implement new DLT solutions.

Dr Jacques Iffland, head of the CMTA, commented: “The publication of a practical guide for the tokenization of shares, available to all companies interested in raising capital in this manner, is a major step forward, in an area in which there has been significant legal and technical uncertainties.

Tokenization is bound to facilitate the financing of start-ups and SMEs. It should consequently help to remedy a situation that has long been criticized in Switzerland: the lack of infrastructure for financing innovation and research.

Fabio Lugano
Fabio Lugano
Graduated with honors from Bocconi University, Fabio is a consultant for companies and wounded shareholders of the Banche Venete. He is also the author of "Scenari Economici", and lecturer and analyst of cryptocurrencies since 2016.