Together, the partners offer a complete infrastructure for the issuance, custody and trading of tokenized shares.
New participation opportunities in Swiss SMEs
The technology company daura supports the digitalisation of shares of small, medium and large companies from Switzerland with the help of the blockchain. By using the daura platform, the processing of capital increases becomes cheaper, the administration of the share register becomes easier, the general assembly becomes more efficient and wide groups of people can be bound to companies with shares.
Shareholders on the platform gain access to new participation opportunities in Swiss SMEs and can manage their company shares themselves via daura.
The Berner Kantonalbank (BEKB) is teaming up with the Swiss SIX Digital Exchange (SDX) and daura AG, the Swiss market leader for issuing digital shares. Together, the three partners offer a complete infrastructure for the issuance, custody and trading of tokenized shares.
Digital assets, i.e. cryptocurrencies, security tokens or digital shares, require a secure and reliable infrastructure. SIX Digital Exchange (SDX), the world’s first fully regulated IMF digital asset exchange, is committed to building such a digital ecosystem for Switzerland.
«With this partnership, BEKB is expanding its range of tokenized shares,» says Armin Brun, CEO of BEKB. “By integrating the central securities depository (CSD), we enable bank custody of such shares for a broad public.
“SMEs in particular will benefit from this, as they will be able to issue their shares digitally from now on and thus appeal to a broader investor base,” says Brun.
Digital share register, digital AGM, SMEs more attractive for institutions
The development of a digital ecosystem in finance offers advantages on all fronts: SMEs on the daura platform benefit from a digital share register in real time, digital general meetings (AGM) and increased attractiveness for institutional investors. Investors can count on easier transferability of their investments and enjoy regulated bank custody in the custody account of their choice.
«As the world’s first fully regulated and fully integrated digital securities platform offering issuance, listing, trading, settlement, service and custody of digital securities, we are pleased to welcome the Berner Kantonalbank as a new member of our CSD»,
says David Newns, Head of SIX Digital Exchange.
daura brings SMEs to the capital market and is the market leader for the issuance and management of digital investment instruments (shares, participation certificates, convertible bonds) in unlisted companies in Switzerland. In addition, daura enables seamless integration of digital assets into the existing financial market infrastructure in Switzerland (marketplaces and banks).
daura AG is a joint venture of BDO, Berner Kantonalbank, SIX, Swisscom, Sygnum Bank, Luka Müller (MME) and Christian Wenger (Wenger&Vieli).
Source: daura, Oct 20 2022
https://daura.ch/