The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
The Swiss digital exchange SIX Digital Exchange has tokenized private shares of Aktionariat AG on its regulated blockchain-based central depository. According to a statement released on Tuesday, the Bern Cantonal Bank (BEKB) acted as the issuer agent for Aktionariat and also served as the custodian.
This transaction demonstrates that shares issued as register value rights on the Ethereum blockchain can be converted into bankable securities on a regulated platform. This simplifies the custody and enhances the transferability of digital securities for investors in private companies.
Following this initial project, BEKB, Aktionariat, and SDX will collaborate to further develop the solution and explore opportunities for market introduction.