IPO and STO are identical in their objective and effect. Both aim to raise capital in return for a security. The security can be an equity, preferred stock, bond or any other instrument that gives rights on income and claims on the assets of the issuer in the form of debt or liquidation equity.

Security tokens represent investments or an investment contract into an underlying investment asset, such as stocks, bonds, funds and unit trusts.

The Swiss Commercial Register has given the green light for the first incorporation of a company for an initial public offering (IPO) of tokenized shares on a blockchain.

There will be no more such thing as territorial limits and minimal investments, more and more people will be able to afford higly-valued assets.

In the spirit of innovation and constant progress, AFS’ Founder, Mauro Andriotto was invited by the Unioncamere del Veneto to participate in their event in Venice, Italy on 25.06.2019 – we would like to present our gratitude for the quality experience, valuable time and thought-provoking discussions.