Swiss digital asset bank Sygnum launches blockchain alternative to stock exchanges

posted about 2 months ago
Sygnum, a digital asset finance firm with a Swiss banking license, has launched what it says is a blockchain-based alternative to listing shares on a stock exchange. The “end-to-end tokenization solution” is comprised of both a primary market issuance platform, and a secondary market trading venue.

Sygnum said it will also bring investors access to tokenized assets, with targeted markets being venture capital, “mid cap” companies, real estate and art and collectibles. With distributed-ledger technology underlying the solution, Sygnum claims instant settlement around the clock and seven days a week, as well as reduced counterparty risks.
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