In the digital age, financial markets have increasingly embraced the use of digital assets, including cryptocurrencies and other blockchain-based tokens. Recognizing the need for Anti-Money Laundering (AML) standards for these digital assets, the Capital Markets and Technology Association (CMTA) has introduced a comprehensive framework. This blog aims to break down the AML standards outlined by…
In December 2021, Switzerland took a major step in formalizing share tokenization by adopting the STANDARD for the Tokenization of Shares using Distributed Ledger Technology (DLT). This move, led by the Capital Markets and Technology Association (CMTA), marked a significant advancement in how shares of Swiss corporations, especially those organized under Swiss law (Aktiengesellschaften /…
This post and what follows is an attempt to explore an end-to-end process to tokenize securities, the type that an existing company (whether off-chain or on-chain) can use to raise capital by accessing liquidity on the blockchain. In this case, we’ll attempt to tokenize an expired renounceable rights offer originally issued by Autoneum Holdings in…
Protocols such as Avee and Curve allow the borrowing of crypto assets given a collateral (other crypto assets) is provided. This is useful when the borrower initially possesses crypto assets to put down as collateral. However, it isn’t useful to borrowers that don’t have crypto capital and have off chain businesses that they need to…