Tokenize assets the right way in Switzerland

Swiss law — particularly the DLT Act in force since 2021 — allows a wide range of assets to be tokenized: company shares (ledger-based securities), real estate, bonds, commodities, fund interests and more. The legal treatment depends on the asset class and how the token is structured; we help you choose the right model from the outset.

It depends on the design. Asset-referenced stablecoins and e-money tokens are regulated under the Banking Act or the Payment Services Act and may require a FINMA license or SRO membership. Purely collateral-backed or commodity-backed models may fall outside banking regulation. We perform a regulatory classification first so you know exactly what authorization path applies to your project.

The DLT Act introduced a new category of ledger-based securities (Registerwertrechte) that allows rights normally carried in a paper certificate to be created, transferred and pledged directly on a blockchain register without a central depository. This makes Switzerland one of the most permissive jurisdictions globally for tokenizing equity, debt and fund interests.

If you target EU investors or operate from an EU entity, MiCA applies — it regulates asset-referenced tokens, e-money tokens and crypto-asset service providers. For Swiss issuers, we map your token structure against both FINMA guidance and MiCA requirements to identify overlap, conflicts and the most efficient dual-compliance path.

A Simple Agreement for Future Tokens (SAFT) is an investment instrument where investors fund a project in exchange for the right to receive tokens once the network or product launches. It is commonly used for utility-token projects in pre-launch phases. We draft SAFTs that are compliant with Swiss law and, where needed, adapted for international investors under US or EU frameworks.

The assessment phase that follows the workshop typically takes two to four weeks. Full legal setup — including documentation, corporate actions and any regulatory filing — ranges from four to twelve weeks depending on asset complexity and whether a FINMA authorization is required. We set a realistic timeline on your free call before we start.

The kick-off workshop is a flat fee of CHF 3'800 (excl. VAT). After we receive your documentation, preparation, the 2-hour workshop and the debriefing are completed within 3–5 business days. Any full legal setup that follows runs on a longer timeline, which we scope on your free call.