Providing greater access to capital through digital securities in Switzerland
SIX Digital Exchange (SDX), the world's first fully regulated digital securities Financial Markets Infrastructure (FMI), and Aktionariat, one of the leading technology providers for tokenized private equity in Switzerland, have announced a partnership aimed at further developing the digital ecosystem for issuers and institutional investors.
SIX Digital Exchange and Aktionariat will partner to tackle one of the biggest challenges that growing companies face—access to capital. One of the key success factors for raising capital is access to a broad investor base. As a result of this partnership, companies issuing shares through Aktionariat’s technology will be able to register digital securities seamlessly in SDX’s regulated Central Securities Depository (CSD). By being able to offer a wider range of custody options, companies can expand their addressable investor base.
Massimo Butti, Head of Equity at SIX Digital Exchange welcomes the partnership with Aktionariat.
As part of the growing SIX Digital Exchange ecosystem for private companies, we welcome this partnership with Aktionariat to help entrepreneurs access a wider investor base, make their securities bankable and make their funding journey more efficient.
Nicola Plain, CEO of Aktionariat AG, on the other hand appreciates the expertise of SDX when it comes making tokenized assets
The partnership with SIX Digital Exchange opens a path for making tokens issued with Aktionariat bankable. SDX is deeply rooted in the Swiss financial markets and brings strong expertise when it comes to organizing efficient and accessible securities exchanges. This complements Aktionariat’s know-how in decentralized finance and open blockchain technology very well.
SDX is licensed by Switzerland’s financial market regulator, FINMA, to operate an Exchange and a Central Securities Depository (CSD). SDX offers issuance, listing, trading, settlement, servicing, and custody of digital securities. SDX is committed to working with partners, members, and clients to promote and build a new market structure for digital assets globally.
Until now, direct investments in private companies were reserved for institutional investors and high net-worth individuals. We are changing that. With Aktionariat, anyone can invest in non-listed Swiss companies. Aktionariat AG offers a solution for continuous fundraising, straightforward employee participation, and active community involvement (stakeholder engagement). This solution consists of a toolset that leverages blockchain technology and the Swiss DLT law. Relying on the Blockchain not only helps to simplify the secure transfer of securities but can render intermediaries obsolete. This leads to reduced cost of capital as well as greater operational independence.
Market, Widgets and Dashboard
Aktionariat tokenizes shares, enables the creation of an automated market for these shares and offers widgets that visualize market activity. The entire offering is complemented by a legal framework (from LEXR) and a dashboard that allows companies to always keep track of their own stock market as well as market participants and their transactions.
SIX operates and develops infrastructure services for the Swiss and Spanish Stock Exchanges, for the digital and Crypto ecosystems, for Post-Trade Services, Banking Services and Financial Information with the aim of raising efficiency, quality, and innovative capacity across the entire value chain of the Swiss financial center. The company is owned by its users (122 banks). With a workforce of some 3'200 employees and a presence in 20 countries, it generated operating income of CHF 1.13 billion and Group net profit of CHF 120.5 million in 2019.