Reichlin Hess Blockchain and ICO Advisors

Initial Coin Offering: FINMA non-action letter for crypto art service firm obtained

With the support of our lawyers a Zug based company engaging in the digitalizing of art obtained a non-action letter from FINMA in connection with an Initial Coin Offering (ICO).  The tokens to be issued provide rights to use a software to create digital copies of 2- and 3-dimensional objects by using standard cell phone cameras and to transfer ownership rights on digital assets on the blockchain.

Our experts for crypto or blockchain related legal advice would be happy to support with any questions you may have regarding this topic (please see here a short description of our services offered).