Alexandre Challand News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 collectible premium wine-backed tokens, becoming the first ones under the new blockchain rules. Assets tok...

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 provisions come into effect today. Assets tokenized on Sygnum’s Desygnate platform are issued under ...

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 became effective today and will be fully realized under a new category of ledger-based securities. Syngum...