Taurus, supported by Credit Suisse, collaborates with Aktionariat to provide tokenized shares for SMEs on the Ethereum platform.

Taurus SA, a Swiss provider of digital asset infrastructure supported by Deutsche Bank and Credit Suisse, has formed a partnership with Swiss equity tokenization platform Aktionariat AG to establish the inaugural regulated secondary market for tokenized shares of small and medium-sized enterprises (SMEs).

As stated in the press release, Taurus will facilitate the trading of selected shares tokenized with Aktionariat on the Ethereum blockchain.

Simultaneously, Aktionariat will provide a pathway for client companies to initiate trading on the Taurus Digital Exchange (TDX).

According to Taurus, companies become eligible for TDX admission as they increase in market capitalization and meet certain criteria.

This collaboration is set to launch in November.

With this initiative, the first Aktionariat-tokenized SMEs will commence trading on TDX.

Taurus partners with Aktionariat! Taurus will support selected shares tokenized with Aktionariat on the Ethereum blockchain, while Aktionariat will offer client companies a smooth path towards being admitted to trading on Taurus Digital Exchange (TDX).https://t.co/nO1ZodBbKb pic.twitter.com/F6ZAfuULjW

— Taurus (@taurus_hq) September 26, 2024

Furthermore, the partnership merges Taurus’ institutional-grade trading technology with Aktionariat’s expertise in tokenizing equity for Swiss companies, it noted.

The objective is to “enhance liquidity and unlock value for tokenized SMEs and their shareholders by providing access to TDX’s network of banks, professional investors, and retail clients.”

Additionally, Taurus CMO Victor Busson remarked that the collaboration fosters a robust ecosystem for issuers and investors. It “illustrates how tokenization can enhance liquidity and accessibility within the private capital market.”

RealUnit Schweiz is Among the First Issuers

Taurus asserts that acquiring private securities should be straightforward and “as easy as buying a book online.” This encompasses equity, debt, or other assets, including funds and real estate –

Thus, this recent partnership with Aktionariat aligns with Taurus’ broader vision of digitizing private markets and making private equity more accessible to investors, it stated.

In light of this, following the partnership, one of the initial tokenized SMEs to be approved for trading on TDX is the real estate-focused investment firm RealUnit Schweiz AG.

RealUnit tokenized its shares with Aktionariat in April 2022, allowing investors to hold the shares in any Ethereum-compatible wallet.

Moreover, the press release indicated that the company achieved a first in the Swiss capital market by providing investors with a choice between traditional bearer shares and registered shares as tokens.

Taurus CMO Victor Busson expressed that the securities firm is “particularly enthusiastic about the potential for companies like RealUnit to utilize our platform, highlighting the tangible advantages of tokenization for both issuers and investors.”

According to Taurus, several additional companies are expected to join in 2025 as the ecosystem of tokenized SMEs expands.

RealUnit CEO Dani Stüssi noted that this is among the first Swiss companies to provide tokenized instruments.

Trading on TDX is “a natural next step” in the company’s “journey to enhance accessibility and liquidity” for its investors and to facilitate access to actively managed real asset investments.

Meanwhile, over 30,000 registered shareholders and 70 issuers utilize Aktionariat, the company reported.

We have news to share with our community. We’ve decided it’s time for a strategic product shift.
Discover more about this new direction in the blog https://t.co/estclAExwf pic.twitter.com/kjKtMxR810

— Aktionariat AG (@aktionariat) July 15, 2024

Its product suite includes a portfolio application for investors, an automated shareholder registry for issuers, and web-based tools to “manage the relations” between the two.

According to CEO Murat Ögat, Aktionariat aims to empower companies to harness the potential of blockchain-based financing.

“While we already provide tools to facilitate the sale and limited informal trading of security tokens, there is a shortage of licensed marketplaces for security tokens. Taurus addresses this gap with its digital marketplace,” Ögat concluded.

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