Lenz & Staehelin has assisted Boss Info in securing the CMTA.Tokenized Shares certification for its shares, that are shares that have been tokenized in accordance with Swiss law and industry standards.
The certification makes it possible for companies that have issued shares in the form of ledger securities pursuant to Articles 973d et seq. of the Swiss Code of Obligations that they have done so in compliance with the law and good industry practices. Carrying the CMTA.Tokenized Shares mark means that investors and business partners can trust that a company’s shares have been tokenized legally and to the highest technical industry standards, saving these partners the time and cost of carrying out specific due diligence into the technical and legal aspects of a company’s tokenization.
The certification is given by the Capital Markets and Technology Association, a Geneva-based not-for-profit organization that establishes standards for the use of new technologies in capital markets.
The team consisted in partner Jacques Iffland (pictured), associates Ariel Ben Hattar, Vincent Huynh Dac and trainee Federico Trabaldo Togna, all from the firm’s corporate and capital markets practice.