Crypto Management Firm Taurus Partners With Aktionariat For Tokenization

Crypto management company Taurus has joined forces with Swiss-based equity specialist Aktionariat AG to issue and trade Ethereum-based tokenized shares.

This collaboration will enhance liquidity access for small-and medium-sized Swiss enterprises trading on the Taurau Digital Exchange (TDX). The tokenization process and subsequent trades will launch in November this year.

Taurus Collaborates with Aktionariat to Trade Tokenized Shares

In an announcement, Swiss securities trading firm Taurus SA fintech disclosed a new partnership with tokenized equity specialist Aktionariat. The partnership allows the firms to offer institutional clients the trading of tokenized shares of Swiss SMEs on the Taurus Digital Exchange (TDX).

According to the announcement, Taurus will provide services for select Aktionariat-issued Ethereum-based tokenized shares on its platform. This move will open access to its network of banks, retail clients, and investors, unlocking value and increasing liquidity.

On its part, Aktionariat will allow its customers to access the list on the TDX. Moreover, Aktionariat will deploy its tokenization solution to facilitate the seamless conversion of companies' shares into digital tokens on the Ethereum blockchain.

In addition, the partnership will allow small-and medium-sized Swiss-based enterprises to trade tokenized shares on the TDX, ensuring unlimited liquidity access for companies engaged in such trades.

Again, the tokenized shares will ensure investors have digital equity holdings. Investors can engage with bearer shares not recorded in a formal register or registered shares.

Taurus Chief Marketing Officer Victor Busson noted that tokenized shares provide the same economic and social rights as traditional ones. He explained the difference between their tokenized shares and other crypto assets, especially when lost.

According to Busson, issuers can recover their token shares when lost by minting new ones, unlike crypto assets like BTC.

Busson stated: Contrary to cryptocurrencies such as Bitcoin, in case of a tokenized share loss when self-custodying the assets outside of a marketplace, it is possible for the issuer to mint new" tokens in accordance with the shareholder registry.

Meanwhile, the Taurus-Aktionariat tokenization will launch in November this year. RealUnit Schweiz AG, a real asset investment firm, will be the first tokenized shares to list on TDX.

It's worth noting that RealUnit Schweiz AG tokenized its shares via Aktionariat in April 2022.

Taurus Broader Presence in Tokenization

Taurus is a prominent blockchain infrastructure company focused on managing tokenized real-world assets. It operates with a broader vision of digitizing private markets and bringing investors closer to private equities.

The latest partnership with Aktionariat marks one of Taurus' several engagements in tokenization.

Part of its statement read: This collaboration aligns with Taurus' broader vision of digitizing private markets and making private equity more accessible to investors. The company believes that buying a private security should become as straightforward as purchasing a book online, whether it's equity, debt, or other assets such as funds and real estate.

In December 2023, Taurus collaborated with German fintech company Teylor to tokenize SME loans. The process included monthly cashflow offers to token holders.

The partnership saw some of Teylor's credit portfolio tokenized on the TDX platform. The move also attracted professional private debt investors to engage in blockchain-based secondary markets.

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