The Capital Markets and Technology Association (CMTA), an independent Swiss association bringing together actors from the financial, technological and legal sectors, has successfully carried out a full-scale test of decentralized capital market infrastructures using the distributed ledger technology (DLT) for the issuance and trading of securities. The test demonstrates the potential for new market architectures to simplify the way companies can raise capital and market securities to investors.
The tokenization and custody infrastructure was provided to the issuer, Arab Bank (Switzerland), Hypothekarbank Lenzburg, Seba and Vontobel by TAURUS.
Sébastien Dessimoz, Managing Partner at Taurus Group, comments: "This test demonstrates that we have today both the institutional-grade tools and the infrastructure necessary to issue, transfer and exchange real-world securities on the blockchain. We are proud to have contributed to the success of this test with our unique infrastructure."