Monday, March 8, 2021
  • Setup menu at Appearance » Menus and assign menu to Top Bar Navigation
Advertisement
  • AI Development
    • Artificial Intelligence
    • Machine Learning
    • Neural Networks
    • Learn to Code
  • Data
    • Blockchain
    • Big Data
    • Data Science
  • IT Security
    • Internet Privacy
    • Internet Security
  • Marketing
    • Digital Marketing
    • Marketing Technology
  • Technology Companies
  • Crypto News
No Result
View All Result
NikolaNews
  • AI Development
    • Artificial Intelligence
    • Machine Learning
    • Neural Networks
    • Learn to Code
  • Data
    • Blockchain
    • Big Data
    • Data Science
  • IT Security
    • Internet Privacy
    • Internet Security
  • Marketing
    • Digital Marketing
    • Marketing Technology
  • Technology Companies
  • Crypto News
No Result
View All Result
NikolaNews
No Result
View All Result
Home Blockchain

OverFuture launches IPO of tokenised shares on blockchain in Swiss first

January 30, 2020
in Blockchain
OverFuture launches IPO of tokenised shares on blockchain in Swiss first
586
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter

Switzerland-based OverFuture SA is said to be the
first Swiss firm that has been allowed to incorporate for an initial public
offering (IPO) of tokenised shares on blockchain.

According to OverFuture’s IPO prospectus, an offering
of 8,399,000 “common equity share security tokens” on the Ethereum blockchain,
with smart contracts provided by with European digital assets exchange, EURO
DAXX, will see the offering price at €1.25 ($1.38) per share.

You might also like

Analysis: The increasing scope of UK cryptocurrency regulation

Generation Z: How post-millennial young people are engaging with blockchain

Aries becomes next Hyperledger project graduating to active status

OverFuture’s adviser, Andriotto Financial Services,
said that IPO of tokenised shares on blockchain indicates a ‘revolution’ for
the finance industry as the technology allows the company to introduce an IPO
and organise secondary market transactions without the involvement of banks,
financial intermediaries, broker-dealers, central depositary systems, notaries,
etc. For now, it is not clear which regulator approved OverFuture’s move, but
according to the prospectus, the company is regulated by the Swiss Financial
Market Supervisory Authority (FINMA).

Recently Bitcoin Suisse, another Swiss financial and
crypto services firm, announced that it is backing the municipality of Zermatt in accepting Bitcoin as payment for local
taxes and official transactions. After Zug, Zermatt is the second town in the
country to accept cryptocurrency as official means of payment.

The company has provided a point-of-sale (POS) solution that has been installed in the town hall, which allows taxpayers to pay their taxes at a communal level using the digital currency. But before making their payment, the taxpayers have to apply to the Zermatt Tax Office for a crypto payment solution prior to access the online payment solution through an e-mail link and transfer bitcoins directly from the crypto wallet.

Interested in hearing more in person? Find out more at the Blockchain Expo World Series, Global, Europe and North America.

The post OverFuture launches IPO of tokenised shares on blockchain in Swiss first appeared first on The Block.

Credit: Blockchain News

Previous Post

For AI to succeed, ‘computer says no’ needs to die

Next Post

Knowledge graph evolution: Platforms that speak your language

Related Posts

Analysis: The increasing scope of UK cryptocurrency regulation
Blockchain

Analysis: The increasing scope of UK cryptocurrency regulation

March 6, 2021
Generation Z: How post-millennial young people are engaging with blockchain
Blockchain

Generation Z: How post-millennial young people are engaging with blockchain

March 5, 2021
Aries becomes next Hyperledger project graduating to active status
Blockchain

Aries becomes next Hyperledger project graduating to active status

March 2, 2021
Blockchain lags behind other technologies in finance adoption for now, says Broadridge
Blockchain

Blockchain lags behind other technologies in finance adoption for now, says Broadridge

February 26, 2021
KPMG, BitGo, and Coin Metrics launch combined offering for public blockchains
Blockchain

KPMG, BitGo, and Coin Metrics launch combined offering for public blockchains

February 25, 2021
Next Post
Knowledge graph evolution: Platforms that speak your language

Knowledge graph evolution: Platforms that speak your language

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Plasticity in Deep Learning: Dynamic Adaptations for AI Self-Driving Cars

Plasticity in Deep Learning: Dynamic Adaptations for AI Self-Driving Cars

January 6, 2019
Microsoft, Google Use Artificial Intelligence to Fight Hackers

Microsoft, Google Use Artificial Intelligence to Fight Hackers

January 6, 2019

Categories

  • Artificial Intelligence
  • Big Data
  • Blockchain
  • Crypto News
  • Data Science
  • Digital Marketing
  • Internet Privacy
  • Internet Security
  • Learn to Code
  • Machine Learning
  • Marketing Technology
  • Neural Networks
  • Technology Companies

Don't miss it

Here’s an adorable factory game about machine learning and cats
Machine Learning

Here’s an adorable factory game about machine learning and cats

March 8, 2021
How Machine Learning Is Changing Influencer Marketing
Machine Learning

How Machine Learning Is Changing Influencer Marketing

March 8, 2021
Video Highlights: Deep Learning for Probabilistic Time Series Forecasting
Machine Learning

Video Highlights: Deep Learning for Probabilistic Time Series Forecasting

March 7, 2021
Machine Learning Market Expansion Projected to Gain an Uptick During 2021-2027
Machine Learning

Machine Learning Market Expansion Projected to Gain an Uptick During 2021-2027

March 7, 2021
Maza Russian cybercriminal forum suffers data breach
Internet Security

Maza Russian cybercriminal forum suffers data breach

March 7, 2021
Clinical presentation of COVID-19 – a model derived by a machine learning algorithm
Machine Learning

Clinical presentation of COVID-19 – a model derived by a machine learning algorithm

March 7, 2021
NikolaNews

NikolaNews.com is an online News Portal which aims to share news about blockchain, AI, Big Data, and Data Privacy and more!

What’s New Here?

  • Here’s an adorable factory game about machine learning and cats March 8, 2021
  • How Machine Learning Is Changing Influencer Marketing March 8, 2021
  • Video Highlights: Deep Learning for Probabilistic Time Series Forecasting March 7, 2021
  • Machine Learning Market Expansion Projected to Gain an Uptick During 2021-2027 March 7, 2021

Subscribe to get more!

© 2019 NikolaNews.com - Global Tech Updates

No Result
View All Result
  • AI Development
    • Artificial Intelligence
    • Machine Learning
    • Neural Networks
    • Learn to Code
  • Data
    • Blockchain
    • Big Data
    • Data Science
  • IT Security
    • Internet Privacy
    • Internet Security
  • Marketing
    • Digital Marketing
    • Marketing Technology
  • Technology Companies
  • Crypto News

© 2019 NikolaNews.com - Global Tech Updates