Reichlin Hess AG Attorneys-at-Law, Tax advisors, Notaries

Security Token Offering: FINMA non-action letter for a token marketplace obtained

With the support of our lawyers a Zug based company offering a token marketplace, a crypto wallet service and a crypto academy has obtained a non-action letter from FINMA. The token to be sold should qualify as a security token. It will grant the owners a participation in the future turnover of the company. We are pleased to have assisted in the clarification of the respective Swiss regulatory treatment and respective requirements with FINMA.

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