Aktionariat AG, a Swiss equity token specialist, and securities firm Taurus SA have partnered to enable selected tokenised Swiss SMEs to trade on Taurus’ Digital Exchange (TDX).
This collaboration combines Aktionariat’s nous in tokenising equity with Taurus’ institutional-grade trading platform, offering a potential pathway for companies to access a broader network of investors.
Under this partnership, Taurus will support tokenised shares issued by Aktionariat on the Ethereum blockchain, while Aktionariat will provide its client companies with a way to transition to TDX as they grow and meet the platform’s admission criteria.
The collaboration seeks to address liquidity challenges faced by tokenised SMEs, providing them with access to TDX’s network of banks, professional investors and retail clients. Aktionariat specialises in tokenising equity for Swiss companies, offering tools that allow the sale and informal trading of security tokens. However, access to licensed marketplaces for these tokens has remained limited.
Murat Ögat, CEO of Aktionariat, said: “While we already offer tools to enable the sale and limited informal trading of security tokens, there is a lack of licensed marketplaces for security tokens. Taurus fills this gap with its digital marketplace, providing value to our clients and strengthening our offering for their investors.”
Combining expertise in tokenisation and trading
Aktionariat offers a range of tools for companies and investors, including a portfolio app for shareholders, an automated shareholder registry for issuers and web-based platforms for managing investor relations. More than 30,000 shareholders and 70 issuers use Aktionariat’s platform, which has positioned itself as a key player in the Swiss tokenisation market.
Victor Busson, chief marketing officer at Taurus, highlighted the potential benefits of the partnership: “By combining Aktionariat’s expertise with our TDX marketplace, we’re helping to create a robust ecosystem for issuers and investors alike. This collaboration demonstrates how tokenisation can increase liquidity and accessibility for the private capital market. We’re particularly excited about the potential for companies like RealUnit to leverage our platform, showcasing the tangible benefits of tokenisation for both issuers and investors.”
One of the first companies expected to benefit from this partnership is RealUnit Schweiz AG, an investment company focused on real assets. RealUnit tokenised its shares using Aktionariat’s tools in 2022, enabling investors to hold them via Ethereum-based wallets. It plans to be among the first companies listed on TDX, with other tokenised SMEs likely to follow in 2025.
Aktionariat and Taurus plan to launch the collaboration in November, allowing tokenised Swiss SMEs to start trading on Taurus’ platform. This initiative aligns with Taurus’ goal of digitising private markets and offering more accessible trading options for SMEs.
Dani Stüssi, CEO of RealUnit Schweiz AG, also added: “Being admitted to trade on TDX is a natural next step in our journey to increase accessibility and liquidity for our investors. This move aligns perfectly with our mission of opening up access to actively managed real asset investments.”
TDX offers features such as 24/7 accessibility and enhanced transaction efficiency, which could appeal to smaller companies looking for alternatives to traditional listings.