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February 3, 2021
Swiss Companies Issue First Tokenized Asset for Trading Under New National Blockchain Rules New legal provisions on distributed ledger technology (DLT) went into effect on Feb. 1 in Switzerland. After the implementation, two local companies announced that they had issued the first tokenized asset under the brand-new law. ‘Fine Wine’ Token Is Available for Sygnum Bank’s Clients Per the announcement, Swiss digital asset bank Sygnum and Fine Wine Capital AG launched collec...
February 1, 2021
External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Sygnum Bank and Fine Wine Capital issue first tokenized asset under new Swiss DLT law 01 February 2021 Source: Sygnum Bank Sygnum Bank and Fine Wine Capital AG have successfully tokenized a range of premium investible wines, creating the first asset tokens issued under the new Swiss DLT law, whose first pro...
February 1, 2021
Fine wines become first tokenized security issued under new Swiss blockchain law SHARE Syngum Bank AG and Fine Wine Capital AG today announced that a range of premium investable wines have been tokenized onto a distributed ledger blockchain, creating the first asset tokens issued under a new Swiss law. Assets tokenized on Sygnum’s Desygnate platform, the company’s end-to-end digital ledger solution, will be recognized under the incoming legal framework, which becam...