Standards

Standard

Standard for the tokenization of shares of Swiss corporations using the distributed ledger technology

2.0

December 1, 2021


Summary

A step-by-step guide to tokenizing equity securities in Switzerland.

CMTA's Standard for the tokenization of shares of Swiss corporations using the distributed ledger technology  provides a guide to the tokenization process in accordance with Swiss law regarding "ledger-based securities" (Art 973d et seqq. CO). The Standard:

  • sets out the requirements and recommendations for the tokenization of shares under Swiss law
  • provides standard provisions for: 
    • the articles of association of Swiss issuers
    • tokenization terms • board approvals