BlockState to issue its own Digitized Equity for Global Investors

BlockState, a Switzerland based security tokenization platform, has announced the first Swiss regulated security token offering (STO) issuing its own digitized company equity.

BlockState also recently announced that it will conduct security token offering (STO) for Berlin-based Streetlife International.

Founded in 2018, Zug, Switzerland based BlockState claimes to be the fully compliant Security Tokenisation platform for SME equity or debt and real estate. The platform helps in digitizing the ownership to privately owned assets and issue them to global investors.

Executive Opinion

Co-founder and CEO of BlockState, Paul Claudius, said, "Issuing our company equity on our own platform really demonstrates the value of tokenization for SMEs and other non-bankable assets. The ease with which issuers and investors can be connected compared to the complex, bloated value chains of traditional capital markets is nothing short of disruptive. We are thrilled to see our own issuance become an example case for the wider market and are even more excited about the trust placed in us by the many international clients in our pipeline."

BlockState's STO

Security tokens use blockchain technology and smart contracts to create digital representations of existing regulated financial products. Security tokenization allows entrepreneurs and asset holders to access capital markets at significantly reduced costs. The security tokenization also allows easy and instantaneous transfer between parties.

BlockState will run through the entire cycle of digital security tokenization and investment process from start to finish. This will provide an opportunity for institutional, professional and retail investors to participate in a public equity round of €2 million to fund further technical and business development activities.

The announcement claimed that the latest STO is being backed by international investors from the finance industry and advisors from leading companies including Airbnb, Google, Credit Suisse and Pictet.

BlockState's digital company shares will be on public sale starting 18 June 2019, the announcement notes.