Skaaning also mentioned how the Danish issuance platform DigiShares is part of this revolution: "In my company, we are focused on one application of blockchain technology – how to represent stocks on the blockchain. Even though it was written long before blockchain, the Danish securities regulation actually supports this quite well. Stock certificates may be digitized. The entire process around share registers, voting, shareholder meetings, etc. may be digitized. [...] In practice we are storing an encrypted named stock certificate within each token. Each token represents one share in the company. Tokens will have smart contracts that check against a whitelist of investors to determine whether a given transfer to a new owner is compliant. Such securities can be "passported" into other EU member states and possibly even outside the EU, making Denmark a solid destination for STOs."
Buy the book here: https://www.amazon.com/Masters-Blockchain-Digital-Capital-Markets-ebook/dp/B07KPFTJ5K Cryptotwins interview DigiShares CEO Claus Skaaning
In their latest video, the two popular Cryptotwins, Xenia and Masha Vyazemskaya, have featured DigiShares. Their Youtube channel, ValueTokenized
, is dedicated to getting tokenization industry insights from interviews with professionals in the field, the most recent one being Claus Skaaning. Our CEO talked about the challenges and benefits of carrying out a security token offering in the context of DigiShares' ongoing STO, which is one of the first in Europe to also target retail investors, and about the company's goals and plans for the future, as well as its role in the new financial infrastructure. Watch the video here: https://youtu.be/oUhgT0DC_T8
DigiShares is partnering with other companies in the industry in order to provide customers with better and more complete solutions. One of these projects, Altvesto
, is a legal framework where investors can have shares in both tokenized and non-tokenized versions. Skaaning: "This legal framework is expected to be a step to attract institutional investors to come more easily into the domain of security tokens. We need to build some bridges to the traditional financial world in order to make it easy for them to accept the risk of adopting a new technology".
DigiShares has also recently entered a partnership with the Finnish company, Empirica
, focused on building the AI-based investor community platform, Binvestor
, that will be a network for investors and companies seeking funding. DigiShares and Empirica will collaborate on building up the community and DigiShares will be the platform of choice for future STOs launched through Binvestor.