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Sygnum Bank and Fine Wine Capital issue first tokenized asset under new Swiss DLT law
01 February 2021
Source: Sygnum Bank
Sygnum Bank and Fine Wine Capital AG have successfully tokenized a range of premium investible wines, creating the first asset tokens issued under the new Swiss DLT law, whose first provisions come into effect today.
Assets tokenized on Sygnum’s Desygnate platform are issued under the incoming legal framework, and will be fully recognised under a new category of ledger-based securities.